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health the empirical evidence is lacking. In this study we empirically measure multivariate and higher-order risk preferences … for quality of life and longevity, the two elements of the Quality-Adjusted Life Year (QALY) model. We observe … health than for money. Furthermore, we test if preferences for a risky treatment for a disease affecting only quality of life …
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The Value of a Statistical Life is a key input into the calculation of the benefits of environmental policies that save lives. To date, the VSL used in environmental policy analyses has not been adjusted for age or the cause of death. Air pollution regulations, however, are linked to reductions...
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Das Unbehagen, das die internationale Schuldenkrise bei ihm auslöste, war für den Ex-Banker Anlass, sich ausführlicher mit Ursachen, Wirkungen und möglichen Auswegen aus dem Teufelskreis wachsender Schulden zu befassen. In einer Rückschau werden die historischen Weltschuldenkrisen...
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