Evaluating Health Risks: An Economic Approach

Per-Olov Johansson

doi:10.1017/CBO9780511582424

A major problem in health economics is how to give a value to changes in health. This is the first book to examine all the money measures that are used in such evaluations. Changes in health might be caused by medical treatments, by public safety programmes and by anti-pollution programmes, and the cost-benefit analysis of such programmes involves the use of money measures. The author defines the properties of these money measures, examining them in both a certain and a risky world. He evaluates available empirical approaches for the assessment of the value of health changes, and considers measures such as quality-adjusted life years (qalys) and healthy-years equivalents (hyes). This book raises the important question of whether we are willing to pay the costs for our health care system. It will be of interest to advanced students of health economics and related disciplines, and will also be useful for professionals working on projects that affect human health.

"This concise and carefully written book adresses what is becomming an increasingly important issue in several field os economics." Wesley A. Magat, Journal of Economic Literature

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Evaluating Health Risks

An Economic Approach

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Contents

Frontmatter
pp i-vi

Contents
pp vii-viii

Preface
pp ix-x

1 - Introduction
pp 1-8

2 - Some basic tools and concepts
pp 9-32

3 - Evaluating health changes in a certain world
pp 33-51

4 - Money measures in a risky world
pp 52-70

5 - Evaluating health risks: practical methodologies
pp 71-96

6 - Contingent valuation studies of health care
pp 97-114

7 - Aggregation
pp 115-134

8 - Further evaluation issues in a risky world
pp 135-152

9 - Concluding remarks on related approaches
pp 153-167

Notes
pp 168-170

Bibliography
pp 171-184

Index
pp 185-190

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An Economic Approach

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