TY - JOUR
T1 - Economics, health and health economics
T2 - HYEs versus QALYs
AU - Gafni, Amiram
AU - Birch, Stephen
AU - Mehrez, Abraham
PY - 1993/10
Y1 - 1993/10
N2 - This paper responds to Culyer and Wagstaff's (CW) and Buckingham's (B) arguments. We refute their claim about the equivalence of HYEs and QALYs; they fail to distinguish between choice under uncertainty and under certainty CW assume that all individuals have a specific form of utility function, which yields their conclusion of equivalence. B's arguments confuse the measurement technique and the utility theory from which it stems; his argument about the normative superiority of the QALY construct is inconsistent with economic thinking. The HYE, by being compatible with the principles of economics, is superior to the QALY for economic evaluations of health care interventions.
AB - This paper responds to Culyer and Wagstaff's (CW) and Buckingham's (B) arguments. We refute their claim about the equivalence of HYEs and QALYs; they fail to distinguish between choice under uncertainty and under certainty CW assume that all individuals have a specific form of utility function, which yields their conclusion of equivalence. B's arguments confuse the measurement technique and the utility theory from which it stems; his argument about the normative superiority of the QALY construct is inconsistent with economic thinking. The HYE, by being compatible with the principles of economics, is superior to the QALY for economic evaluations of health care interventions.
UR - https://www.scopus.com/pages/publications/0027365049
U2 - 10.1016/0167-6296(93)90015-7
DO - 10.1016/0167-6296(93)90015-7
M3 - Article
C2 - 10129840
SN - 0167-6296
VL - 12
SP - 325
EP - 339
JO - Journal of Health Economics
JF - Journal of Health Economics
IS - 3
ER -