Attema, Arthur E.; Frasch, Jona; l'Haridon, Olivier - 2021
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 …