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Testing the descriptive performance of the rank-dependent utility in the domain of health profiles

Spanish Economic Review, vol 3, pp. 177-191. (2001)

Autores: José Luis Pinto Prades y José María Abellán Perpiñán.

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Abstract

Expected utility theory (EUT) has been challenged as a descriptive theory in many contexts. The medical decision analysis context is not an exception. Several researchers have suggested that rank dependent utility theory (RDUT) may accurately describe how people evaluate alternative medical treatments.

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Equity considerations in health care: the relevance of claims

Health Economics, vol. 10, pp. 187-205. (2001).

Autores: Xavier Cuadras Morató, José Luis Pinto Prades y José María Abellán Perpiñán.

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Summary

The general issues of equity and efficiency are central to the analysis of resource allocation problems in health care. We examine them using axiomatic bargaining theory. We study different solutions that have been proposed and relate them to previous literature on health care allocation.

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