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|Title:||Application of multi-attribute utility theory to measure social preferences for health states|
|Authors:||Torrance, George W.|
Boyle, Michael H.
Horwood, Sargent P.
McMaster University, Faculty of Business
|Keywords:||Multi-attribute utility theory;Social preferences;Health states;Health services|
|Series/Report no.:||Research and working paper series (McMaster University. Faculty of Business)|
|Abstract:||<p>A four-attribute health state classification system designed to uniquely categorize the health status of all individuals two years of age and over is presented. A social preference function defined over the health state classification system is required. Standard mult-attribute utility theory is investigated for the task, problems are identified and modifications to the standard method are proposed. The modified method is field tested in a survey research project involving 112 home interviews. Results are presented and discussed in detail for both the social preference function and the performance of the modified method. A recommended social preference function is presented, complete with a range of uncertainty. The modified method is found to be applicable to the task -- no insurmountable difficulties are encountered. Recommendations are presented , based on our experience, for other investigators who may be interested in reapplying the method in other studies.</p>|
|Description:||<p>38 leaves : ; Includes bibliographical references (leaves [39-42]). ; "June 1982."</p>|
|Appears in Collections:||DeGroote School of Business Working Paper Series|
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