Is risk attitude outcome specific within the health domain?
- 作者：Marjon van der Pol ; Matteo Ruggeri
- 关键词：Risk attitude ; Framing effects ; Intertemporal choice ; Health
- 刊名：Journal of Health Economics
- 出版年：2008
- 期刊代码：160_01676296
- 类别：med
- 出版时间：May 2008
- 卷：27
- 期：3
- 页码：706-717
- 文件大小：746 K
摘要
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.