Article

Health Utility Measurement

Donna Rowen and John Brazier

in The Oxford Handbook of Health Economics

Published in print April 2011 | ISBN: 9780199238828
Published online September 2012 | | DOI: http://dx.doi.org/10.1093/oxfordhb/9780199238828.013.0033

Series: Oxford Handbooks in Economics

 Health Utility Measurement

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  • Health, Education, and Welfare
  • Econometric and Statistical Methods and Methodology: General

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Measuring and valuing health is a major component of economic evaluation, meaning that health utility measurement has been growing in popularity in recent years due to the increasing demand for health state values in economic models and evaluations. The main issues in health utility measurement are how to describe health states, how to value the health state description and whose values should be used. This article briefly outlines these main issues and then focuses on recent methodological developments in health utility measurement. It assesses the current state of health utility measurement and discusses the question of assessment of a health state to be used in economic evaluation. The discussion whether experience utility should be used rather than conventional preference-based utility raises important issues about perspective and the role of various factors.

Keywords: economic evaluation; health utility measurement; experience utility; preference-based utility; health states

Article.  10962 words. 

Subjects: Economics ; Health, Education, and Welfare ; Econometric and Statistical Methods and Methodology: General

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