Showing 1 - 5 of 5
In cost-utility analysis results are often processed in terms of QALY (Quality Adjusted Life Year). The duration of a … indicator assumes two things: knowing the health state of the patient and the utility level associated to that state. In this … developed and validated in many countries, including France, but the French utility function has not been calculated. This …
Persistent link: https://www.econbiz.de/10010705793
utility (depending on wealth and health), we show that the presence of a well-known (no ambiguity) additive risk of …
Persistent link: https://www.econbiz.de/10011072638
Persistent link: https://www.econbiz.de/10010707282
In this paper we extend the results on ex-ante agreeable trade of Kajii and Ui [Kajii, A., Ui, T., 2006. Agreeable bets with multiple priors. Journal of Economic Theory 128, 299–305] to the case of non-convex Choquet preferences. We discuss the economic relevance of the main result for the...
Persistent link: https://www.econbiz.de/10011072959
condition fully characterizes the Subjective Expected Utility (SEU) model with a finite number of states. He has furthermore … explored in depth how this condition can be weakened in order to arrive at characterizations of Choquet Expected Utility and …
Persistent link: https://www.econbiz.de/10011072806