RT Journal Article T1 Quality- and productivity-adjusted life years: From QALYs to PALYs and beyond A1 Hansen, Kristian A1 Moreno-Ternero, Juan D. A1 Osterdal, Lars K1 Health K1 Productivity K1 QALYs K1 PALYs K1 Axioms AB 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. PB Elsevier YR 2024 FD 2024 LK https://hdl.handle.net/10433/21065 UL https://hdl.handle.net/10433/21065 LA en NO Journal of Health Economics Volume 95, May 2024, 102885 NO Universidad Pablo de Olavide DS RIO RD May 9, 2026