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against failing in the task and also less inclined to buy travel insurance. This suggests intrinsic optimism influences … insurance demand and diminishes adverse selection …
Persistent link: https://www.econbiz.de/10011128051
There have been many tests of the descriptive validity of the axioms of expected utility theory (EU) using money … outcomes. Such tests are relatively uncommon with respect to health outcomes. This is unfortunate, because the standard gamble … - considered by many health economists to be the gold standard for cardinal health state value assessment - is implied from the …
Persistent link: https://www.econbiz.de/10010884553
While recent research has explored the phenomenon of drug parallel trade in regulated environments such as the European Union (EU), or the European Economic Area, little is known about the mechanisms that explain its origin or the role of the distribution chain in exporting and importing...
Persistent link: https://www.econbiz.de/10010745350
,000 children into adulthood, we show that the negative effect of unemployment on mental health and life satisfaction is almost four …
Persistent link: https://www.econbiz.de/10010746260
This paper provides a comprehensive picture of mental health services in England, includingstaffing and expenditure …-sections of the health and socialservices; and the readily available information often appeared to give inconsistent answers ….This paper brings together and interprets the available evidence to provide a single coherentmap of mental health need and …
Persistent link: https://www.econbiz.de/10010746362
adults aged over 49 years in African HIV/AIDS research and prevention efforts. …
Persistent link: https://www.econbiz.de/10011126530
I evaluate the impact of the UK Working Time Regulations 1998, which introduced mandatory paid holiday entitlement. The regulation gave (nearly) all workers the right to a minimum of 4 weeks of paid holiday per a year. With constant weekly pay this change amounts effectively to an increase in...
Persistent link: https://www.econbiz.de/10011126550
This article reports a study that tests whether the internal consistency of the standard gamble can be improved upon by incorporating loss weighting and probability transformation parameters in the standard gamble valuation procedure. Five alternatives to the standard EU formulation are...
Persistent link: https://www.econbiz.de/10010928594
.i.d.r.v.s., stationarity or Markov dependence are assumed - while utility and length of life also may be taken as random. It is found that the …
Persistent link: https://www.econbiz.de/10010928732
It is known from the literature on uncertainty that in cases where individuals express a preference for a high win-probability bet over a bet with high winnings they nevertheless will bid more to obtain the bet with high winnings. We investigate whether a similar phenomenon applies in the...
Persistent link: https://www.econbiz.de/10010928778