Description

This text brings together classic and up-to-date research by economists and public-health experts on theories and measurements of health values. The contributors explore such questions as: how stringent should environmental and occupational safety regulations be?; how far should Medicaid support go?; should funding for research on Alzheimer's disease be increased?; should more money be spent on programmes to discourage smoking?; and what are appropriate ways to determine damages in wrongful injury or death suits? Towards answering such questions, this volume examines various models of health valuation, including the cost-of-illness, preventive-expenditures and quality-adjusted-life-year approaches. The authors favour a willingness-to-pay approach grounded in individual preferences. Addressing a range of health issues, from the common cold and headaches to life-threatening illnesses, this book aims to provide economists, health professionals and policy-makers with the most sophisticated ways of determining the value of health.

Valuing Health for Policy: An Economic Approach

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Hardback by George Tolley , Donald Kenkel

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This text brings together classic and up-to-date research by economists and public-health experts on theories and measurements of health values.... Read more

    Publisher: The University of Chicago Press
    Publication Date: 01/11/1994
    ISBN13: 9780226807133, 978-0226807133
    ISBN10: 0226807134

    Number of Pages: 436

    Non Fiction , Business, Finance & Law

    Description

    This text brings together classic and up-to-date research by economists and public-health experts on theories and measurements of health values. The contributors explore such questions as: how stringent should environmental and occupational safety regulations be?; how far should Medicaid support go?; should funding for research on Alzheimer's disease be increased?; should more money be spent on programmes to discourage smoking?; and what are appropriate ways to determine damages in wrongful injury or death suits? Towards answering such questions, this volume examines various models of health valuation, including the cost-of-illness, preventive-expenditures and quality-adjusted-life-year approaches. The authors favour a willingness-to-pay approach grounded in individual preferences. Addressing a range of health issues, from the common cold and headaches to life-threatening illnesses, this book aims to provide economists, health professionals and policy-makers with the most sophisticated ways of determining the value of health.

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