arXiv Open Access 2024

Productivity and quality-adjusted life years: QALYs, PALYs and beyond

Kristian S. Hansen Juan D. Moreno-Ternero Lars P. Østerdal

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Abstrak

We develop a unified framework for the measurement and valuation of health and productivity. Within this framework, we characterize evaluation functions allowing for compromises between the classical quality-adjusted life years (QALYs) and its polar productivity-adjusted life years (PALYs). Our framework and characterization results provide a new normative basis for the economic evaluation of health care interventions, as well as occupational health and safety policies, aimed to impact both health and productivity of individuals.

Topik & Kata Kunci

econ.TH

Penulis (3)

Kristian S. Hansen

Juan D. Moreno-Ternero

Lars P. Østerdal

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Hansen, K.S., Moreno-Ternero, J.D., Østerdal, L.P. (2024). Productivity and quality-adjusted life years: QALYs, PALYs and beyond. https://arxiv.org/abs/2404.04121

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Informasi Jurnal

Tahun Terbit: 2024
Bahasa: en
Sumber Database: arXiv
Akses: Open Access ✓