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van Praag, Bernard M. S.; Ferrer-i-Carbonell, Ada - 2001

In this paper we evaluate the QALY losses, which are linked to the prevalence of specific chronic illnesses and … regarding the relationship between the latent variable ?health? and its evaluation into observable QALY?s. Second, we allow the … QALY loss caused by a illnesses to depend on age. For instance, according to our approach a 30 years old male suffering …

Persistent link: https://www.econbiz.de/10010276959

Age-differentiated QALI Losses

van Praag, Bernard M.S.; Ferrer-i-Carbonell, Ada - 2002

In this paper we evaluate the QALY loss, which may be assigned to the prevalence of specific chronic illnesses and …

Persistent link: https://www.econbiz.de/10010324736

From preferences to Cobb-Douglas utility

Voorneveld, Mark - 2008

We provide characterizations of preferences representable by a Cobb-Douglas utility function.

Persistent link: https://www.econbiz.de/10010281260

Outer measure and utility

Voorneveld, Mark; Weibull, Jörgen W. - 2008

approach for countable domains and combining this with basic measure theory, we obtain necessary and sufficient conditions for … the existence of upper semi-continuous utility functions on a wide class of domains. Although links between utility theory … and measure theory have been pointed out before, to the best of our knowledge this is the first time that the present …

Persistent link: https://www.econbiz.de/10010281322

The reproductive value in distributed optimal control models

Wrzaczek, Stefan; Kuhn, Michael; Prskawetz, Alexia; … - 2009

We show that in a large class of distributed optimal control models (DOCM), where population is described by a McKendrick type equation with an endogenous number of newborns, the reproductive value of Fisher shows up as part of the shadow price of the population. Depending on the objective...

Persistent link: https://www.econbiz.de/10010352558

Wages, rents and heterogeneous moving costs

Krupka, Douglas J.; Donaldson, Kwame - 2007

The model of compensating differentials in regional labor markets was developed by Roback (1982). The model interprets regional differences in constant quality wages and rents as compensating firms and residents for inter-regional differences in amenities. The model assumes that the costs of...

Persistent link: https://www.econbiz.de/10010268206

Costs and quality of life associated with osteoporosis related fractures: Results from a Swedish survey

Zethraeus, Niklas; Borgström, Fredrik; Johnell, Olof; … - 2002

There are few studies investigating the consequences of osteoporotic (low bone density) fractures in terms of costs and health outcomes. The purpose of this Swedish pilot study is to assess the costs and quality of life related to fractures of the hip, spine, wrist and shoulder and further to...

Persistent link: https://www.econbiz.de/10010281361

Arrow index of a fuzzy choice function

Georgescu, Irina - 2009

The Arrow index of a fuzzy choice function C is a measure of the degree to which C satisfies the Fuzzy Arrow Axiom, a … C is full rational. We also obtain a method for computing A(C). The Arrow index allows to rank the fuzzy choice …, by the Arrow index the most rational one will be chosen. …

Persistent link: https://www.econbiz.de/10010271102

The Political Economy of a Publicly Provided Private Good with Adverse Selection

Delipalla, Sophia; O'Donnell, Owen - 1999

Given heterogeneity in incomes and health risks, with asymmetric information in the latter, preferences over the public-private mix in health insurance and care are derived. Results concerning crowding-out in the presence of adverse selection are established. For low-risk individuals,...

Persistent link: https://www.econbiz.de/10010443330

The political economy of emission tax design in environmental policy

Glachant, Matthieu - 2002

In actual environmental policy, the design of actual pollution emission taxes differs significantly with the optimal Pigovian tax. In particular, earmarking prevails and actual taxes are usually combined with regulation. Furthermore tax rates are generally too low to significantly influence...

Persistent link: https://www.econbiz.de/10011335760