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Health dynamics, adaptation to illness and resource allocation

Hauck, Katharina and Hollingsworth, Bruce (2011) Health dynamics, adaptation to illness and resource allocation. Applied Economics Letters, 18 (16). pp. 1545-1548. ISSN 1350-4851

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Abstract

The increased availability of panel data has made it possible to estimate and measure health dynamics for population subgroups who may have systematically different levels of dynamics. We use a straightforward hypothetical example to investigate the implications of different levels of health dynamics on health outcomes, considering in addition the effects of adaptation to illness over time. The results demonstrate implications for the assessment of health technologies.

Item Type: Article
Journal or Publication Title: Applied Economics Letters
Uncontrolled Keywords: health dynamics ; panel data ; quality-adjusted life years ; adaptation ; response shift
Subjects: R Medicine > R Medicine (General)
Departments: Faculty of Health and Medicine > Health Research
ID Code: 55184
Deposited By: ep_importer_pure
Deposited On: 19 Jun 2012 11:52
Refereed?: Yes
Published?: Published
Last Modified: 27 Mar 2013 10:09
Identification Number:
URI: http://eprints.lancs.ac.uk/id/eprint/55184

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