Abstract
Policy studies often evaluate health for an individual or for a population by using measurement scales that are ordinal scales or expected-utility scales. This paper develops scales of a different type, commonly called cardinal scales, that measure changes in health. Also, we argue that cardinal scales provide a meaningful and useful means of evaluating health policies. Thus, we develop a means of using the perspective of early neoclassical welfare economics as an alternative to ordinalist and expected-utility perspectives.
Original language | English |
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Journal | Decision Analysis |
Volume | 7 |
Issue number | 3 |
Pages (from-to) | 256-281 |
ISSN | 1545-8490 |
DOIs | |
Publication status | Published - 2010 |
Externally published | Yes |
Keywords
- Cardinal utility
- Health scales
- Neoclassical welfare economics
- Population health
- Preference intensity
- Social welfare