Hernandez, M. orcid.org/0000-0003-4474-5883 and Pudney, S. (2016) Copula-based modelling of self-reported health states An application to the use of EQ-5D-3L and EQ-5D-5L in evaluating drug therapies for rheumatic disease. Discussion Paper. HEDS Discussion Paper Series (16.06). Health Economics and Decision Science, School of Health and Related Research (ScHARR), University of Sheffield , Sheffield.
Abstract
EQ-5D is used in cost-effectiveness studies underlying many important health policy decisions. It comprises a survey instrument generating a description of health states across five domains, and a system of utility values for each state. The original 3-level version of EQ-5D is being replaced with a more sensitive 5-level version but there little is known about the consequences of this change. We develop a multi-equation ordinal response model incorporating a copula specification with normal mixture marginals to analyse the joint responses to EQ-5D-3L and EQ-5D-5L in a survey of people affected by rheumatoid disease, and use it to generate mappings between the 3-level and 5-level descriptive systems. We find significant conflicts between the two, which would imply the reversal of an important conclusion in a real-world evaluation of drug therapies. Keywords: EQ-5D, ordinal response, copula, mixture models, rheumatoid arthritis, mapping, economic evaluation JEL codes: C35, C83, D61, H51, I10
Metadata
| Item Type: | Monograph |
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| Authors/Creators: |
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| Copyright, Publisher and Additional Information: | © 2016 The Authors. Reproduced in accordance with the publisher's self-archiving policy. |
| Keywords: | EQ-5D; ordinal response; copula; mixture models; rheumatoid arthritis; mapping; economic evaluation |
| Dates: |
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| Institution: | The University of Sheffield |
| Academic Units: | The University of Sheffield > Faculty of Medicine, Dentistry and Health (Sheffield) > School of Health and Related Research (Sheffield) > Health Economics and Decision Science > HEDS Discussion Paper Series |
| Funding Information: | Funder Grant number MRC MR/L022575/1 ESRC RES-586-47-0002 ESRC RES-518-28-5001 |
| Depositing User: | Symplectic Sheffield |
| Date Deposited: | 12 Apr 2016 15:43 |
| Last Modified: | 12 Apr 2016 16:17 |
| Published Version: | http://www.sheffield.ac.uk/scharr/sections/heds/di... |
| Status: | Published |
| Publisher: | Health Economics and Decision Science, School of Health and Related Research (ScHARR), University of Sheffield |
| Series Name: | HEDS Discussion Paper Series |
| Related URLs: | |
| Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:97087 |

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