Valuing morbidity: an integration of the willingness-to-pay and health-status index literatures.
Placing dollar values on human health has long been a controversial aspect of policy analysis and remains difficult given the relatively small number of morbidity-valuation studies available. By combining both the economic and health literature, this paper offers an alternative approach to morbidity valuation and provides estimates for a wide range of short-term health conditions.
Johnson, FR; Fries, EE; Banzhaf, HS
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