Fleurbaey, Marc, Luchini, Stéphane, Muller, Christophe and Schokkaert, Erik (2013) Equivalent income and fair evaluation of health care. Health Economics, 22 (6). pp. 711-729. ISSN 1057-9230
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Identification Number: 10.1002/hec.2859
Abstract
We argue that the economic evaluation of health care (cost–benefit analysis) should respect individual preferences and should incorporate distributional considerations. Relying on individual preferences does not imply subjective welfarism. We propose a particular non-welfarist approach, based on the concept of equivalent income, and show how it helps to define distributional weights. We illustrate the feasibility of our approach with empirical results from a pilot survey.
| Item Type: | Article |
|---|---|
| Official URL: | http://onlinelibrary.wiley.com/journal/10.1002/(IS... |
| Additional Information: | © 2012 John Wiley & Sons, Ltd. |
| Divisions: | Philosophy, Logic and Scientific Method |
| Subjects: | R Medicine > RA Public aspects of medicine |
| Date Deposited: | 27 Oct 2014 13:59 |
| Last Modified: | 24 Apr 2024 03:06 |
| URI: | http://eprints.lse.ac.uk/id/eprint/59958 |
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