2013
DOI: 10.1586/erp.12.85
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Probabilistic choice models in health-state valuation research: background, theories, assumptions and applications

Abstract: Interest is rising in measuring subjective health outcomes, such as treatment outcomes that are not directly quantifiable (functional disability, symptoms, complaints, side effects and healthrelated quality of life). Health economists in particular have applied probabilistic choice models in the area of health evaluation. They increasingly use discrete choice models based on random utility theory to derive values for healthcare goods or services. Recent attempts have been made to use discrete choice models as … Show more

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Cited by 22 publications
(25 citation statements)
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“…We evaluated the choices that were made by the respondents to check whether respondents made the same choices each time. For modelling of the data from the discrete choice experiments, we used multinomial statistical models, in which one of the levels for each drug effect is set as reference level .…”
Section: Methodsmentioning
confidence: 99%
“…We evaluated the choices that were made by the respondents to check whether respondents made the same choices each time. For modelling of the data from the discrete choice experiments, we used multinomial statistical models, in which one of the levels for each drug effect is set as reference level .…”
Section: Methodsmentioning
confidence: 99%
“…Schematic representation of Guttman/Rasch data structure. Representation of the raw data (top) and after sorting of the columns (health states) and the rows (patients) in order to arrive at the hierarchical Guttman/Rasch data structures (the check mark indicates that this health state is preferred over the next health state, the cross mark indicates a misfit) (from: [33] numerator and denominator by the numerator, and recognizing that e a /e b = e (a-b) , Formula 5a becomes:…”
Section: The Multi-attribute Preference Response Modelmentioning
confidence: 99%
“…The present study aimed to explain how utilities for the IQI health states were generated with a novel two-step choice-based modeling procedure that helps locate the position of death on the IQI scale [14]. Specifically, this process involved the following two steps: 1) deriving values for a set of IQI health states from primary caregivers of infants based on a discrete choice modeling exercise, 2) normalizing the values obtained in Step 1 to an anchored 0.0-1.0 scale using utilities derived from responses collected from a general population sample.…”
Section: Introductionmentioning
confidence: 99%