%0 Journal Article
%A Hansen, Kristian
%A Moreno-Ternero, Juan D.
%A Osterdal, Lars
%T Quality- and productivity-adjusted life years: From QALYs to PALYs and beyond
%D 2024
%U https://hdl.handle.net/10433/21065
%X We develop a unified framework for the measurement and valuation of health and productivity. Within this framework, we characterize evaluation functions allowing for compromises between the classical quality-adjusted life years (QALYs) and its polar productivity-adjusted life years (PALYs). Our framework and characterization results provide a new normative basis for the economic evaluation of health care interventions, as well as occupational health and safety policies, aimed to impact both health and productivity of individuals.
%K Health
%K Productivity
%K QALYs
%K PALYs
%K Axioms
%~