An alternative theory of health care decision making

Zusammenfassung

Starting from a finite or countable set of states of health, and assuming the existence of an objective transitive preference relation on that set, we propose a way of performing interpersonal comparisons of states of health among individuals of different type. Then, a way of evaluating health streams for an individual is proposed. Finally, we rationalize a way of ranking alternative situations (life histories in terms of health) for a given group of individuals. Our approach is both Type-sensitive and Time-sensitive.