QALY maximization and the social optimum
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- dc.contributor.author López i Casasnovas, Guillem
- dc.contributor.author Pinto Prades, José Luis
- dc.date.accessioned 2025-04-01T11:41:25Z
- dc.date.available 2025-04-01T11:41:25Z
- dc.date.issued 2022
- dc.description.abstract The quality-adjusted life year (QALY) approach as a paradigmatic measure of health outcomes is widely used in the economic evaluation of health policies and is even trying to be emulated in other public policy areas. The objective of this paper is to structure the arguments underlying the use of QALYs in cost-effectiveness analyses, which condition its applicability. To this effect, the paper intervenes in the unreasonable use of the approach in terms of its limitations when prioritizing health services. In short, the authors are generally in favor of the instrument but do not have blanket enthusiasm in support of it.
- dc.format.mimetype application/pdf
- dc.identifier.citation López Casasnovas G, Pinto Prades JL. QALY maximization and the social optimum. Review of Public Economics. 2022;242(3):111-27. DOI: 10.7866/HPE-RPE.22.3.5
- dc.identifier.doi http://dx.doi.org/10.7866/HPE-RPE.22.3.5
- dc.identifier.issn 2386-4176
- dc.identifier.uri http://hdl.handle.net/10230/70066
- dc.language.iso eng
- dc.publisher Instituto de Estudios Fiscales
- dc.relation.ispartof Review of Public Economics. 2022;242(3):111-27
- dc.rights Hacienda Pública Española / Review of Public Economics by Instituto de Estudios Fiscales is licensed under CC BY-NC 4.0
- dc.rights.accessRights info:eu-repo/semantics/openAccess
- dc.subject.keyword QALY
- dc.subject.keyword Cost effectiveness
- dc.subject.keyword Thresholds
- dc.subject.keyword Economic evaluation
- dc.subject.keyword Pharmaeconomics
- dc.title QALY maximization and the social optimum
- dc.type info:eu-repo/semantics/article
- dc.type.version info:eu-repo/semantics/publishedVersion