2005
DOI: 10.1177/0272989x05283136
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Does Willingness to Pay per Quality-Adjusted Life Year Bring Us Closer to a Useful Decision Rule for Cost-Effectiveness Analysis?

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Cited by 12 publications
(7 citation statements)
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“…Disregarding the controversies over underlying theoretical and methodological issues, 8,11 the wide variance of WTP/QALY values 10 would currently make it difficult in informing decision making. However, empirical researches based on the preference of public or patients themselves are essential to learn the public expectation, because "value for money" assessment should be judged according to the extent that satisfies public expectations.…”
Section: Discussionmentioning
confidence: 99%
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“…Disregarding the controversies over underlying theoretical and methodological issues, 8,11 the wide variance of WTP/QALY values 10 would currently make it difficult in informing decision making. However, empirical researches based on the preference of public or patients themselves are essential to learn the public expectation, because "value for money" assessment should be judged according to the extent that satisfies public expectations.…”
Section: Discussionmentioning
confidence: 99%
“…4 However, controversies still remain about the validity of this suggested threshold. 3,5,6 To increase the acceptability of existed decision rule and provide evidences for threshold setting, more empirical researches are urgently needed, 7,8 particularly in Asia.…”
mentioning
confidence: 99%
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“…1 Because more sophisticated interpretation methods 2 are complex and require data that are commonly unavailable, simple decision rules, such as $50,000 per QALY, 3 or 3 times the gross domestic product per disability-adjusted life-year, 4 are invoked regularly. However, these simple decision rules have little theoretical or empirical grounding, [5][6][7][8] and have not been updated regularly.…”
mentioning
confidence: 99%
“…It can be used in cost-benefit analyses, but few of these are done. There have been attempts to better define how willingness-to-pay can be used in CEAs, but this remains a challenge (Polsky 2005).…”
Section: Stated Choice Methods and Willingness-to-paymentioning
confidence: 99%