| Article ID: | iaor20106314 |
| Volume: | 7 |
| Issue: | 3 |
| Start Page Number: | 256 |
| End Page Number: | 281 |
| Publication Date: | Sep 2010 |
| Journal: | Decision Analysis |
| Authors: | Harvey Charles M, sterdal Lars Peter |
| Keywords: | measurement, decision: studies |
Policy studies often evaluate health for an individual or for a population by using measurement scales that are ordinal scales or expected-utility scales. This paper develops scales of a different type, commonly called cardinal scales, that measure changes in health. Also, we argue that cardinal scales provide a meaningful and useful means of evaluating health policies. Thus, we develop a means of using the perspective of early neoclassical welfare economics as an alternative to ordinalist and expected-utility perspectives.