Implications of Diminishing Lifespan Marginal Utility for Valuing Equity in Cost-Effectiveness Analysis
Introduction. Diminishing marginal lifespan utility (DMLU) implies that a particular lifespan increment (e.g., 1 life-year) confers lesser marginal utility if added to longer lifespans (e.g., 90 y to 91 y) than to shorter lifespans (e.g., 60 y to 61 y) if quality of life is unchanged. Because DMLU i...
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| Format: | Article |
| Language: | English |
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SAGE Publishing
2025-01-01
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| Series: | MDM Policy & Practice |
| Online Access: | https://doi.org/10.1177/23814683241305106 |
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