Is risk attitude outcome specific within the health domain?

Journal of Health Economics
Marjon van der Pol, Matteo Ruggeri

Abstract

The aim of this study is to examine whether individuals' risk attitude for life years differ from their risk attitude for quality of life. The study also investigates two different framing effects, an order and sequence effect, and the interaction between risk attitude and time preferences. The results showed that individuals tended to be risk averse with respect to the gamble involving risk of immediate death and risk seeking with respect to the other health gambles. Varying the order of the questions or the sequence of full health and ill-health did not seem to systematically bias the estimates.

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Citations

Aug 14, 2009·Health Services Research·Frank A SloanAlyssa C Platt
Aug 24, 2010·Health Economics·Marjon van der Pol
Jul 24, 2015·Social Science & Medicine·Marjon van der PolGerry McCartney
Jun 21, 2015·Value in Health : the Journal of the International Society for Pharmacoeconomics and Outcomes Research·Matteo Ruggeri, Silvia Coretti
Jul 12, 2016·CMAJ Open·Nick BansbackDavid G T Whitehurst
Sep 2, 2017·The European Journal of Health Economics : HEPAC : Health Economics in Prevention and Care·Sophie MassinBruno Ventelou
Apr 6, 2020·Journal of Community Genetics·Antti SaastamoinenPirjo Isohanni
Jun 21, 2019·Health Economics·Stefan A Lipman, Arthur E Attema
Dec 30, 2017·Health Economics·Alejandro ArrietaJosé Luis Pinto-Prades
Jul 3, 2021·International Journal of Environmental Research and Public Health·Jifei WuGrace Fang Yu-Buck

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