Increasing marginal utility of small increases in life-expectancy?: Results from a population survey

B-Tier
Journal: Journal of Health Economics
Year: 2010
Volume: 29
Issue: 4
Pages: 541-548

Authors (4)

Kvamme, Maria Knoph (not in RePEc) Gyrd-Hansen, Dorte (Syddansk Universitet) Olsen, Jan Abel (not in RePEc) Kristiansen, Ivar Sønbø (not in RePEc)

Score contribution per author:

0.503 = (α=2.01 / 4 authors) × 1.0x B-tier

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

Abstract

The standard practice in cost-effectiveness analyses of health care is to assign a linear value to increasing lifetime gains. The aim of the current study was to examine the possible existence of non-linear utility for short life extensions. A representative sample of the Norwegian population, aged 40-59 years (n = 2402), was asked to imagine that they had a limited remaining lifetime (1 year or 10 years) and were offered a treatment that would increase lifetime by a specified amount of time from 1 week to 1 year. In all scenarios, the price per week of life extension was held constant. The proportion of respondents that accepted the treatment increased with increasing extensions, indicating a convex utility function. The result suggests increasing marginal utility for life extensions up to 1 year.

Technical Details

RePEc Handle
repec:eee:jhecon:v:29:y:2010:i:4:p:541-548
Journal Field
Health
Author Count
4
Added to Database
2026-01-25