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Considering the Value of Life Year (VOLY) in Technology Assessment (TA) - Case of Poland

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

2 Citations (Scopus)

Abstract

The aim of this paper is to provide an estimation of Value of Life Year (VOLY) for taking into account health effects within the procedure of the technology assessment. This value was determined on the basis of a study performed among 900 randomly selected individuals living in Poland. Stated Preference approaches like Contingent Valuation (CV) were used in the study. The statistical analyses and modelling performed enabled determination of the average value of additional costs resulting from taking actions aimed towards environment protection, which respondents would be willing to pay in exchange for additional life year. This value became the basis for estimation of VOLY.

Original languageEnglish
Title of host publicationProceedings of the 25th International Business Information Management Association Conference - Innovation Vision 2020
Subtitle of host publicationFrom Regional Development Sustainability to Global Economic Growth, IBIMA 2015
EditorsKhalid S. Soliman
PublisherInternational Business Information Management Association, IBIMA
Pages536-547
Number of pages12
ISBN (Electronic)9780986041945
Publication statusPublished - 2015
Event25th International Business Information Management Association Conference - Innovation Vision 2020: From Regional Development Sustainability to Global Economic Growth, IBIMA 2015 - Amsterdam, Netherlands
Duration: 7 May 2015 → 8 May 2015

Publication series

NameProceedings of the 25th International Business Information Management Association Conference - Innovation Vision 2020: From Regional Development Sustainability to Global Economic Growth, IBIMA 2015

Conference

Conference25th International Business Information Management Association Conference - Innovation Vision 2020: From Regional Development Sustainability to Global Economic Growth, IBIMA 2015
Country/TerritoryNetherlands
CityAmsterdam
Period7/05/15 → 8/05/15

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 15 - Life on Land
    SDG 15 Life on Land

Keywords

  • Contingent valuation (CV)
  • Technology assessment (TA)
  • Value of Life Year (VOLY)
  • Willingness to pay (WTP)

ASJC Scopus subject areas

  • Management Information Systems
  • Information Systems and Management

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