PMID: 9428085Jan 15, 1998Paper

Constant and decreasing timing aversion for saving lives

Social Science & Medicine
J A Cairns, M M Van Der Pol

Abstract

The traditional model of time preferences employed by economists is characterised by constant timing aversion. The available evidence suggests that this is not an appropriate assumption. This paper examines evidence for constant and decreasing timing aversion with respect to saving lives. Three discounting models are considered: the constant discounting model; the proportional discounting model; and the hyperbolic discounting model. Data collected from the general public are used to test the constant timing aversion model. Overall, the findings suggest that there is substantial evidence for decreasing timing aversion and against the constant timing aversion hypothesis.

References

Jul 1, 1994·Health Economics·J A Cairns
Jul 1, 1993·Medical Decision Making : an International Journal of the Society for Medical Decision Making·D A Redelmeier, D N Heller
Jul 1, 1995·Health Economics·P Dolan, C Gudex
Oct 1, 1995·Medical Decision Making : an International Journal of the Society for Medical Decision Making·G B Chapman, A S Elstein
Jul 1, 1996·Health Economics·M Johannesson, P O Johansson
Jul 1, 1997·Health Economics·J A Cairns, M M van der Pol
Apr 8, 1993·PharmacoEconomics·L D MacKeiganL R Burns

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Citations

Sep 13, 2011·Health Care Analysis : HCA : Journal of Health Philosophy and Policy·Gustav Tinghög
May 12, 2005·Social Science & Medicine·Bjarne Robberstad
Jul 30, 2011·Environmental Health : a Global Access Science Source·Carla GuerrieroLiliana Cori
May 16, 2007·Cost Effectiveness and Resource Allocation : C/E·David L B SchwappachMarc Suhrcke
Jun 24, 2008·Social Science & Medicine·Marjon van der Pol, John Cairns
May 16, 2012·Value in Health : the Journal of the International Society for Pharmacoeconomics and Outcomes Research·Tjalke A WestraMaarten J Postma
Jan 15, 2010·Value in Health : the Journal of the International Society for Pharmacoeconomics and Outcomes Research·Willem Jan MeerdingMarie-Louise Essink-Bot
May 29, 2012·Acta Psychologica·Daniel ReadMara Airoldi
Oct 16, 1999·Medical Decision Making : an International Journal of the Society for Medical Decision Making·J Cairns, M van der Pol

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