Capabilities as menus: A non-welfarist basis for QALY evaluation

B-Tier
Journal: Journal of Health Economics
Year: 2013
Volume: 32
Issue: 1
Pages: 128-137

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

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

Abstract

Quality-Adjusted Life Years (QALYs) are the most widely used measure of health in economic evaluations of health care. Within a welfarist framework QALYs are consistent with people's preferences under stringent assumptions. Several authors have argued that QALYs are a valid measure of health within an extra-welfarist framework. This paper studies the applicability of QALYs within the best-known extra-welfarist framework, Sen's capability approach. We propose a procedure to value capability sets and provide a foundation for QALYs within Sen's capability approach. We show that, under appropriate conditions, the ranking of capabilities can be represented locally by a QALY measure and that a willingness to pay for QALYs can be defined. The validity of QALYs as a general measure of health requires the same stringent conditions as in a welfarist framework.

Technical Details

RePEc Handle
repec:eee:jhecon:v:32:y:2013:i:1:p:128-137
Journal Field
Health
Author Count
2
Added to Database
2026-01-24