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X Demographics
Mendeley readers
Attention Score in Context
| Title |
Life satisfaction, QALYs, and the monetary value of health
|
|---|---|
| Published in |
Social Science & Medicine, June 2018
|
| DOI | 10.1016/j.socscimed.2018.06.009 |
| Pubmed ID | |
| Authors |
Li Huang, Paul Frijters, Kim Dalziel, Philip Clarke |
| Abstract |
The monetary value of a quality-adjusted life-year (QALY) is frequently used to assess the benefits of health interventions and inform funding decisions. However, there is little consensus on methods for the estimation of this monetary value. In this study, we use life satisfaction as an indicator of 'experienced utility', and estimate the dollar equivalent value of a QALY using a fixed effect model with instrumental variable estimators. Using a nationally-representative longitudinal survey including 28,347 individuals followed during 2002-2015 in Australia, we estimate that individual's willingness to pay for one QALY is approximately A$42,000-A$67,000, and the willingness to pay for not having a long-term condition approximately A$2000 per year. As the estimates are derived using population-level data and a wellbeing measurement of life satisfaction, the approach has the advantage of being socially inclusive and recognizes the significant meaning of people's subjective valuations of health. The method could be particularly useful for nations where QALY thresholds are not yet validated or established. |
X Demographics
The data shown below were collected from the profiles of 29 X users who shared this research output. Click here to find out more about how the information was compiled.
Geographical breakdown
| Country | Count | As % |
|---|---|---|
| Australia | 16 | 55% |
| United Kingdom | 4 | 14% |
| Belgium | 1 | 3% |
| Netherlands | 1 | 3% |
| Unknown | 7 | 24% |
Demographic breakdown
| Type | Count | As % |
|---|---|---|
| Members of the public | 16 | 55% |
| Scientists | 10 | 34% |
| Practitioners (doctors, other healthcare professionals) | 3 | 10% |
Mendeley readers
The data shown below were compiled from readership statistics for 94 Mendeley readers of this research output. Click here to see the associated Mendeley record.
Geographical breakdown
| Country | Count | As % |
|---|---|---|
| Unknown | 94 | 100% |
Demographic breakdown
| Readers by professional status | Count | As % |
|---|---|---|
| Student > Ph. D. Student | 17 | 18% |
| Student > Master | 12 | 13% |
| Researcher | 7 | 7% |
| Student > Bachelor | 7 | 7% |
| Lecturer | 6 | 6% |
| Other | 17 | 18% |
| Unknown | 28 | 30% |
| Readers by discipline | Count | As % |
|---|---|---|
| Economics, Econometrics and Finance | 19 | 20% |
| Psychology | 12 | 13% |
| Medicine and Dentistry | 8 | 9% |
| Social Sciences | 8 | 9% |
| Nursing and Health Professions | 3 | 3% |
| Other | 11 | 12% |
| Unknown | 33 | 35% |
Attention Score in Context
This research output has an Altmetric Attention Score of 37. This is our high-level measure of the quality and quantity of online attention that it has received. This Attention Score, as well as the ranking and number of research outputs shown below, was calculated when the research output was last mentioned on 06 October 2021.
All research outputs
#1,093,863
of 25,385,509 outputs
Outputs from Social Science & Medicine
#1,071
of 11,875 outputs
Outputs of similar age
#23,549
of 341,728 outputs
Outputs of similar age from Social Science & Medicine
#22
of 147 outputs
Altmetric has tracked 25,385,509 research outputs across all sources so far. Compared to these this one has done particularly well and is in the 95th percentile: it's in the top 5% of all research outputs ever tracked by Altmetric.
So far Altmetric has tracked 11,875 research outputs from this source. They typically receive a lot more attention than average, with a mean Attention Score of 18.8. This one has done particularly well, scoring higher than 90% of its peers.
Older research outputs will score higher simply because they've had more time to accumulate mentions. To account for age we can compare this Altmetric Attention Score to the 341,728 tracked outputs that were published within six weeks on either side of this one in any source. This one has done particularly well, scoring higher than 93% of its contemporaries.
We're also able to compare this research output to 147 others from the same source and published within six weeks on either side of this one. This one has done well, scoring higher than 85% of its contemporaries.