Quality- and productivity-adjusted life years: From QALYs to PALYs and beyond

B-Tier
Journal: Journal of Health Economics
Year: 2024
Volume: 95
Issue: C

Authors (3)

Hansen, Kristian S. (not in RePEc) Moreno-Ternero, Juan D. (Universidad Pablo de Olavide) Østerdal, Lars P. (not in RePEc)

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We develop a unified framework for the measurement and valuation of health and productivity. Within this framework, we characterize evaluation functions allowing for compromises between the classical quality-adjusted life years (QALYs) and its polar productivity-adjusted life years (PALYs). Our framework and characterization results provide a new normative basis for the economic evaluation of health care interventions, as well as occupational health and safety policies, aimed to impact both health and productivity of individuals.

Technical Details

RePEc Handle
repec:eee:jhecon:v:95:y:2024:i:c:s0167629624000304
Journal Field
Health
Author Count
3
Added to Database
2026-01-26