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An increasingly important debate has emerged around the extent to which techniques such as the standard gamble, which is used, amongst other things, to value health states, actually serve to construct respondents' preferences rather than simply elicit them. According to standard theory, the...
Persistent link: https://www.econbiz.de/10008876643
Few studies have compared preference values of health states obtained in different countries. This paper applies a nonparametric model to estimate and compare EQ-5D health state valuation data obtained from two countries using Bayesian methods. The data set is the US and UK EQ-5D valuation...
Persistent link: https://www.econbiz.de/10008876634
Two key questions in the context of UK health policy are: do the published preference indices for EQ-5D reflect the impact of lost earnings? Are we currently implicitly including indirect costs in our analyses? It is crucial to investigate whether or not individuals take into account any...
Persistent link: https://www.econbiz.de/10008876641
The methodology of valuing health states remains a key issue in the construction of health-related quality of life measures. Different scaling methods appear to yield different sets of valuations, and as yet there is no consensus as to which method is the preferred technique. Many of the...
Persistent link: https://www.econbiz.de/10005344398
This paper tests the consistency of health utility measurements with individual preferences. We compare three methods, the time trade-off, the standard gamble and a version of the standard gamble that corrects for the deviations from expected utility modeled by prospect theory. Individual...
Persistent link: https://www.econbiz.de/10005403994
Zahlreiche Untersuchungen zu den regionalökonomischen Wirkungen von Infrastruktureinrichtungen - vor allem im Bildungsbereich - haben nachweisen können, daß von diesen Institutionen positive und stimulierende Effekte auf die regionale Wirtschaft ausgehen. Für den Bereich der sozialen...
Persistent link: https://www.econbiz.de/10010291740
We assess the 2001 income tax reform to determine its welfare impact across families with different characteristics. A household labor supply model is estimated to account for variable behavioral responses by family type. We find that while higher-education families received a larger share of...
Persistent link: https://www.econbiz.de/10010292224
The nexus between income and happiness is very much disputed. Many cross-sectional studies see a positive relationship, most longitudinal studies don't. Starting from the fact that the theoretical basis in happiness research has been comparatively weak, we develop a model that identifies...
Persistent link: https://www.econbiz.de/10010292647
How globalization affects happiness is highly disputed. Several studies use an index that amalgamates globalization's different dimensions into a single variable. Unlike previous studies and in order to better illuminate its facets, we adopt a disaggregated perspective on trade (policy) data....
Persistent link: https://www.econbiz.de/10010292651
Using the nationally representative Slan dataset we calculate concentration indices for the incidence of obesity for men and women. We finder higher concentration indices for women than for men, but we also find that concentration indices fell between 2002 and 2007. However this appears to be...
Persistent link: https://www.econbiz.de/10010292813