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In this paper the authors assess the importance of sample type in the estimation of risk preferences. The authors elicit and compare risk preferences from student subjects and subjects drawn from the general population, using the multiple price list method devised by Holt and Laury (Risk...
Persistent link: https://www.econbiz.de/10010956059
monetary outcomes. The goal of our experiment is to test whether these violations also affect the evaluation of health states … behaviour, we can conclude that previously reported violations do not seem to bias health utility measurement …
Persistent link: https://www.econbiz.de/10005700534
This paper develops a real options approach to the optimal sequencing of antiretroviral drug cocktails for HIV/AIDS patients in resource-poor settings. The analysis focuses on the implications of endogenous resistance mutations in the virus that reduce or eliminate the effectiveness of...
Persistent link: https://www.econbiz.de/10005755161
Arguments about the appropriate discount rate often start by assuming a Utilitarian social welfare function with isoelastic utility, in which the consumption discount rate is a function of the (constant) elasticity of marginal utility along with the (much discussed) utility discount rate. In...
Persistent link: https://www.econbiz.de/10005083419
This article explores the influence of competitive conditions on the evolutionary fitness of risk preferences, using the professional competition between fund managers as a practical example. To explore how different settings of competition parameters, the exclusion rate and the exclusion...
Persistent link: https://www.econbiz.de/10010983166
This paper examines the long-run effect of FDI on health in developed countries. Using panel cointegration techniques …
Persistent link: https://www.econbiz.de/10009653070
health does not have to wait for an improved economy; rather, measures to reduce the burden of disease, to give children …The policies for better health, poverty reduction, and less inequality, throughout the world, require thorough … understanding of both the processes and causal paths that underlie the intricate relationship between health and wealth (income …
Persistent link: https://www.econbiz.de/10005103349
-term health status as measured by body height, children who lose their same-sex parent before teenage years are hit hardest …
Persistent link: https://www.econbiz.de/10008685095
We compare seven established risk elicitation methods and investigate how they explain an extensive set of risky behavior from a large household survey. We find overall positive correlation between items and low explanatory power in terms of behavior. Using an average of seven risk elicitation...
Persistent link: https://www.econbiz.de/10011120336
We use a controlled experiment to analyze gender differences in risk preferences and stereotypes about risk preferences of men and women across two distinct island societies in the Pacific: the patrilineal Palawan in the Philippines and the matrilineal Teop in Papua New Guinea. We find no gender...
Persistent link: https://www.econbiz.de/10010905566