HEDS is part of the School of Health and Related Research (ScHARR) at the University of Sheffield. We undertake research, teaching, training and consultancy on all aspects of health related decision science, with a particular emphasis on health economics, HTA and evidence synthesis.

Thursday, 12 September 2013

New project: Using DCE for EQ5D-5L Valuations

Further exploration into using DCE for EQ5D-5L Valuations (FEDEV) contributes to the methodology of health state valuation - of placing different EQ-5D health states on the numerical scale with 1 for full health and 0 for being dead, representing the way members of the public value these states.  The study is funded by the EuroQol Group, a non-profit organisation that owns the EQ-5D instrument.  We have received earlier funding from the EuroQol Group to examine how Discrete Choice Experiments (DCE) can be used to value the new, 5-level, variant of the EQ-5D instrument (the PRET-AS project). The new project follows on from the previous one. It will examine eight further methodological issues around the use of DCE through a series of on-line surveys of 4000 members of the public, so that it can be refined as a possible method of health state valuation.

The project is running from 1 Sep 2013 to 6 June 2014.  It is lead by Aki Tsuchiya (HEDS and Dept Economics) with Nick Bansback (UBC), Arne Risa Hole (Dept Economics) and Brendan Mulhern (HEDS) as co-investigators.

See also:
PRET project: http://www.shef.ac.uk/scharr/sections/heds/mvh/pret
The EuroQol Group: http://www.euroqol.org/

Photo credit: Images_of_Money via Flickr Creative Commons