Time Trade-off Method in Health State Valuation - Lecture 3

Learn about the Time Trade-off Method in this 11-minute lecture from Professor John Cairns of the London School of Hygiene and Tropical Medicine, delivered at Kyoto University Graduate School of Medicine. Explore key methods for estimating relative values of time spent in different health states and understand how survival is weighted to produce QALYs (Quality-Adjusted Life Years) and DALYs (Disability-Adjusted Life Years). Part of a comprehensive series on Economic Evaluation of Health Technologies, this fourth chapter of Lecture 3 focuses specifically on valuing time spent in various health states through the time trade-off methodology.