MHE Seminar Series - Prof Lazaros Andronis

Title: Measuring, valuing and including children and young people's time in economic evaluation. Insights from recent research

Bio: Professor Andronis is an academic health economist based at the University of Warwick, in the picturesque heart of England. His work draws on methods used in social sciences and health care research to answer economic questions about health and health care. Quite often, this involves looking into how to improve the methods we use to assess ‘value’ in health care. On the side, he teaches health economics to Economics and Health Economics students, at Warwick and elsewhere. A ‘fuller’ biography can be
found here: https://warwick.ac.uk/fac/sci/med/staff/landronis/

Abstract: All-encompassing economic evaluations ought to account for a wide range of resources, including those contributed by care recipients. People’s time is such a resource: it is limited, valuable and it has an opportunity cost that should be reflected in calculations, especially when patient time requirements differ between assessed programmes. Yet, when it comes to children and young people (CYP), there are few suggestions on—and even fewer insights into—how to value and include their time in economic evaluations. Despite repeated calls for research, this remains a persistent gap in health economists’ methodology toolkit. In this session, Professor Andronis will give a ‘whistle-stop tour’ of a project that looks into how to measure, value and include CYP’s time in economic evaluation. He will talk about completed Work Packages and ongoing work, and will give some first findings from choice experiments aiming to ‘tease out’ the value—in pounds and pennies —that CYP put on their time. Professor Andronis will close with ideas and plans—some somewhat developed, others less so—for further research on the broader topic.

Registration is required: https://go.unimelb.edu.au/q2wp

Contact: health-economics@unimelb.edu.au