Chronic pain is an issue that forensic economists are often called upon to value. However, some methods of valuing chronic pain are difficult for judges and juries to understand. One approach that is relatively easy for judges and juries to grasp is the subjective well-being valuation method,...

Recent research has documented a link between consumer risk preferences over health and the willingness to pay (WTP) for medical technologies. However, the absence of empirical health risk preference estimates so far limits the implementation of this generalized risk-adjusted cost-effectiveness...

This paper assesses the effects of different health conditions on happiness. Based on a large data set for Latin America, the effects of different conditions are examined across age, gender, and income cohorts. Anxiety and pain have stronger effects than physical problems, likely because people...