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1997-09-01
Landon, Stuart, Smith, Constance E.
The absolute and relative impact of current quality and reputation variables on consumer decisions are examined using data from the market for Bordeaux wine. The estimates indicate that a model of consumer decision making which incorporates information on reputation (past quality) and collective...
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Valuing the Benefits and Costs of Health Care Programmes: Where's the 'extra' in extra-welfareism?
2001
Donaldson, Cam, Birch, Stephen, Institute of Health Economics
The application of Sen's concept of extra-welfarism to problems of allocations of resources to health underlies the justification of quality adjusted life years (QALYs) as the method of valuing the benefits of health care. In this paper we critically appraise the application from both conceptual...