The zero-condition: A simplifying assumption in quality adjusted life year measurement and multiattribute utility

The zero-condition: A simplifying assumption in quality adjusted life year measurement and multiattribute utility

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Article ID: iaor19991940
Country: United States
Volume: 44
Issue: 6
Start Page Number: 839
End Page Number: 849
Publication Date: Jun 1998
Journal: Management Science
Authors: , , ,
Keywords: decision, values
Abstract:

This paper studies the implications of the ‘zero-condition’ for multiattribute utility theory. The zero-condition simplifies the measurement and derivation of the quality adjusted life year measure commonly used in medical decision analysis. For general multiattribute utility theory, no simple condition has heretofore been found to characterize multiplicatively decomposable forms. When the zero-condition is satisfied, however, such a simple condition, ‘standard gamble invariance’, becomes available.

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