Journal article
Double discounting of QALYs
Abstract
Quality-adjusted life-years (QALYs) calculated from time tradeoff (TTO) based preferences have a time preference component. To impose a conventional discount rate on these implicitly discounted QALYs introduces some degree of double discounting. The purpose of this study was to determine the magnitude of the double discounting effect and the effectiveness of a suggested method for avoiding double discounting in a TTO-based QALY model. Our …
Authors
MacKeigan LD; Gafni A; O'Brien BJ
Journal
Health Economics, Vol. 12, No. 2, pp. 165–169
Publisher
Wiley
Publication Date
2 2003
DOI
10.1002/hec.718
ISSN
1057-9230