Time and lexicographic preferences in the valuation of EQ-5D-Y with time trade-off methodology.

ABSTRACT: In the valuation of EQ-5D-Y-3L, adult respondents are asked to complete composite time trade-off (cTTO) tasks for a 10-year-old child. Earlier work has shown that cTTO utilities elicited in such a child perspective are generally higher than when adults take their own perspective. We explore how differences in time preference in child and adult perspectives could explain this effect. Furthermore, as cTTO valuation in a child perspective involves explicit consideration of immediate death for a child, we also consider how cTTO utilities could be affected by decision-makers lexicographically avoiding death in children. We report the results of an experiment in which 219 respondents valued 5 health states in both adult and child perspectives with either a standard cTTO or a lead-time TTO only a

SUBMITTER: Lipman SA 

PROVIDER: S-EPMC9123877 | biostudies-literature | 2022 May

REPOSITORIES: biostudies-literature