utility (depending on wealth and health), we show that the presence of a well-known (no ambiguity) additive risk of …In this paper, we analyze the choice of primary prevention made by individuals who bear a risk of being in bad health … ambiguity aversion increases prevention if the agent is a correlation lover (u12 > 0). We also show that full (partial …

of beliefs (or ambiguity), imprecision of tastes (or multi-utility), and state dependence of utility. Examples include … phenomena, as well as state-dependent multi-utility generalisations of popular ambiguity models …Many decision situations involve two or more of the following divergences from subjective expected utility: imprecision …

substitution between insurance and saving, to the case where prevention is considered too. …This work makes a joint analysis of prevention and saving decisions. First we determine the optimal levels of the two … effects on optimal saving and prevention of changes in exogenous present and future wealth and in possible future loss …

researchers especially in health economics emphasizing the policy importance of the phenomenon. Although the bias has been …

researchers especially in health economics emphasizing the policy importance of the phenomenon. Although the bias has been …

researchers especially in health economics emphasizing the policy importance of the phenomenon. Although the bias has been …

in the frameworks of Subjective Expected Utility and Rank Dependent Expected Utility theories. The methodologies for …

researchers especially in health economics emphasizing the policy importance of the phenomenon. Although the bias has been …