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preferences for wealth and health for losses and gains, and decompose these attitudes into four different dimensions: individual … aversion to risk and inequality is the modal preference for outcomes in health and wealth in the domain of gains and losses. A … in health and wealth for gains and losses. Likewise, respondents are averse to collective risk, but risk neutral to …
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behavioural determinants of IA and how they differ across domains such as income and health. Using representative surveys from … England, this paper elicits comparable estimates of IA in the health and income domains using two alternative elicitation … and health domains. Average estimates are around 0.8 for income IA and range from 0.8 to 1.5 for health IA. Second, we …
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