Utility
From the Health Economics Glossary
Utility is used to refer to the preferences individuals or society may have for any particular set of health outcomes. Quality of life is measured in utility weights, that are used to represent preferences for health states.
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References
Drummond M, Sculpher M, Torrance G, O'Brien B, Stoddart G. Methods for the Economic Evaluation of Health Care Programmes (3th edition) 2.3.2
Talmor D, Shapiro N, Greenberg D, Stone P, Neumann P. When is critical care medicine cost-effective? A systematic review of the cost-effectiveness literature. Critical Care Magazine Volume 34(11), November 2006, pp 2738-2747
