Quality‐adjusted life years (qalys) versus willingness to pay in matters of life and death
Abstract
Qalys (quality‐adjusted life years) are used to make judgements about resource allocation in medical care and other matters. Since this may involve the qalys of prospective individuals (who are not yet born but may be born under some relevant alternative and not in another), the use of qalys involves a fundamental philosophical problem related to optimal population, believed to be “insoluble”. This paper provides a solution to this problem that is based on the classical utilitarian position modified to account for the partiality of existing people towards their own welfare. However, a different difficulty with qalys is raised since the use of qalys may be Pareto inefficient in comparison to using willingness to pay. The objection to willingness to pay based on inequality is responded to.
Keywords
Citation
Ng, Y. (1998), "Quality‐adjusted life years (qalys) versus willingness to pay in matters of life and death", International Journal of Social Economics, Vol. 25 No. 6/7/8, pp. 1178-1188. https://doi.org/10.1108/03068299810212667
Publisher
:MCB UP Ltd
Copyright © 1998, MCB UP Limited