Characterizing QALYs by risk neutrality

DOI10.1023/A:1007726117003zbMath0893.90041OpenAlexW4244633462WikidataQ57345606 ScholiaQ57345606MaRDI QIDQ1372674

Han Bleichrodt, Magnus Johannesson, Peter P. Wakker

Publication date: 16 August 1998

Published in: Journal of Risk and Uncertainty (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1023/a:1007726117003

zbMATH Keywords

axiomatizationmedical decision makingutility independencerisk neutralityquality-adjusted life years

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Utility theory (91B16) Case-oriented studies in operations research (90B90)

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Fuzzy approach to decision analysis with multiple criteria and uncertainty in health technology assessment ⋮ Deriving quality-adjusted life years (QALYs) from constant proportional time tradeoff and risk posture conditions. ⋮ Utility independence of multiattribute utility theory is equivalent to standard sequence invariance of conjoint measurement ⋮ Quality-adjusted life years (QALY) utility models under expected utility and rank dependent utility assumptions ⋮ Probability weighting and utility curvature in QALY-based decision making

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