Maréchal, François - In: Economics Bulletin 29 (2009) 3, pp. 2333-2342
In this paper, we use the Rank-Dependent Expected-Utility (RDEU) model to analyse the preventive behaviour of an individual faced with the risk of being sick. The RDEU model makes it possible to take into account the way economic agents perceive the risk of being sick in the future. We first...
