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Preferences as fairness judgments: A critical review of normative frameworks of preference elicitation and development of an alternative based on constitutional economics.
Cost Eff. Resour. Alloc. 22:10 (2024)
Preference elicitation is widely used within health economic evaluations to inform coverage decisions. However, coverage decisions involve questions of social justice and it is unclear what role empirical evidence about preferences can play here. This study reviews the prevalent normative frameworks for using population-based preference elicitation and the criticisms they face, and proposes an alternative based on constitutional economics. The frameworks reviewed include a supposedly value-neutral framework of preferences as predictors of choice, preference utilitarian frameworks that aim to maximize preference satisfaction, and substantive consequentialist frameworks that aim to maximize happiness, health, or capabilities. The proposed alternative implements the idea that indices of social value are tools for conflict resolution, rather than tools for maximization. Preference elicitation is used for validating values generated by multi-criteria decision analysis results within representative processes of stakeholder deliberation.
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Publication type
Article: Journal article
Document type
Review
Keywords
Extra-welfarism ; Health-related Quality Of Life ; Multi-criteria Decision Analysis ; Normative Health Economics ; Preference Elicitation ; Welfarism; Resource-allocation; Health; Utility; Maximization; Responses; Decision; Behavior; Values
ISSN (print) / ISBN
1478-7547
e-ISSN
1478-7547
Quellenangaben
Volume: 22,
Issue: 1,
Article Number: 10
Publisher
Springer
Publishing Place
London
Reviewing status
Peer reviewed
Grants
Universitt Bremen (1013)