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Higher-Order Risk Preferences – Consequences for Test and Treatment Thresholds and Optimal Cutoffs
Felder, Stefan; Mayrhofer, Thomas - Rheinisch-Westfälisches Institut für … - 2011
Higher-order risk attitudes include risk aversion, prudence, and temperance. This paper analyzes the effects of such …. Prudence is relevant if a comorbidity risk applies in the sick state. It leads to even lower thresholds and a lower optimal …
Persistent link: https://www.econbiz.de/10009385740
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Patient Preferences and Treatment Thresholds under Diagnostic Risk – An Economic Laboratory Experiment
Krieger, Miriam; Mayrhofer, Thomas - 2012
We study risk aversion and prudence in medical treatment decisions. In a laboratory experiment, we investigate the ….3% prevalence rate). Risk aversion accounts for 3/4 of this effect, prudence for 1/4. The medical decision framing does not affect …Wir untersuchen mittels eines Laborexperiments den Einfluss von Risikoscheue und Vorsicht (Prudence) auf medizinische …
Persistent link: https://www.econbiz.de/10010287298
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Patient Preferences and Treatment Thresholds under Diagnostic Risk – An Economic Laboratory Experiment
Krieger, Miriam; Mayrhofer, Thomas - Rheinisch-Westfälisches Institut für … - 2012
We study risk aversion and prudence in medical treatment decisions. In a laboratory experiment, we investigate the ….3% prevalence rate). Risk aversion accounts for 3/4 of this effect, prudence for 1/4. The medical decision framing does not affect …
Persistent link: https://www.econbiz.de/10010533921
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Patient preferences and treatment thresholds under diagnostic risk : an economic laboratory experiment
Krieger, Miriam; Mayrhofer, Thomas - 2012
We study risk aversion and prudence in medical treatment decisions. In a laboratory experiment, we investigate the ….3% prevalence rate). Risk aversion accounts for 3/4 of this effect, prudence for 1/4. The medical decision framing does not affect … aversion ; prudence ; laboratory experiment …
Persistent link: https://www.econbiz.de/10009579277
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Higher-order risk preferences : consequences for test and treatment thresholds and optimal cutoffs
Felder, Stefan; Mayrhofer, Thomas - 2011
Higher-order risk attitudes include risk aversion, prudence, and temperance. This paper analyzes the eff ects of such … . Prudence is relevant if a comorbidity risk applies in the sick state. It leads to even lower thresholds and a lower optimal … treatment thresholds ; optimal cutoff ; risk aversion ; prudence …
Persistent link: https://www.econbiz.de/10009580238
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Health shocks and risk aversion
Decker, Simon; Schmitz, Hendrik - 2015
Risk preferences are typically assumed to be constant for an individual across the life cycle. In this paper we empirically assess if they are time varying. Specifically, we analyse whether health shocks influence individual risk aversion. We follow an innovative approach and use grip strength...
Persistent link: https://www.econbiz.de/10011391696
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Health shocks and risk aversion
Decker, Simon; Schmitz, Hendrik - 2015
Risk preferences are typically assumed to be constant for an individual across the life cycle. In this paper we empirically assess if they are time varying. Specifically, we analyse whether health shocks influence individual risk aversion. We follow an innovative approach and use grip strength...
Persistent link: https://www.econbiz.de/10011381274
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Patient preferences and treatment thresholds under diagnostic risk : an economic laboratory experiment
Krieger, Miriam; Mayrhofer, Thomas - 2012
We study risk-aversion and prudence in medical treatment decisions. In a laboratory experiment, we investigate the …-neutrality (from 50.0% to 29.3%). Risk aversion accounts for 3/4 of this effect, prudence for 1/4. Medical decision framing does not … Aversion ; Prudence ; Laboratory Experiment …
Persistent link: https://www.econbiz.de/10009669833
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Health Shocks and Risk Aversion
Decker, Simon - 2015
Risk preferences are typically assumed to be constant for an individual across the life cycle. In this paper we empirically assess if they are time varying. Specifically, we analyse whether health shocks influence individual risk aversion. We follow an innovative approach and use grip strength...
Persistent link: https://www.econbiz.de/10013009820
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Health Shocks and Risk Aversion
Decker, Simon - 2015
Risk preferences are typically assumed to be constant for an individual across the life cycle. In this paper we empirically assess if they are time varying. Specifically, we analyse whether health shocks influence individual risk aversion. We follow an innovative approach and use grip strength...
Persistent link: https://www.econbiz.de/10013010890