@techreport{c439020a063c435a8b75a706e5977def,
title = "Productivity and Quality-adjusted Life Years: QALYs, PALYs and Beyond",
abstract = "We develop a general framework for the evaluation of health and productivity of a population of individuals. In such a framework, we characterize Productivity-and-Quality-Adjusted Life Years evaluation functions, which range from the classical Quality-Adjusted Life Years (QALYs) to its polar Productivity-Adjusted Life Years (PALYs). Our frame-work and characterization results provide a new normative basis for the economic evalu-ation of health care or occupational health and safety policies.",
keywords = "Health, Productivity, QALYs, PALYs, Axioms, Health, Productivity, QALYs, PALYs, Axioms",
author = "{Schultz Hansen}, Kristian and Moreno-Ternero, {Juan D.} and {\O}sterdal, {Lars Peter}",
year = "2023",
language = "English",
series = "Working Paper / Department of Economics. Copenhagen Business School",
publisher = "Department of Economics. Copenhagen Business School",
number = "11-2023",
type = "WorkingPaper",
institution = "Department of Economics. Copenhagen Business School",
}