James K Hammitt
James K Hammitt
In evaluating the appropriate response to the COVID-19 pandemic, a key parameter is the rate of substitution between wealth and mortality risk, conventionally summarized as the value per statistical life (VSL). For the United States, VSL is...
Thomas J Kniesner,Ryan Sullivan
Thomas J Kniesner
Our research estimates COVID-19 non-fatal economic losses in the U.S. using detailed data on cumulative cases and hospitalizations from January 22, 2020 to July 27, 2020, from the Centers for Disease Control and Prevention (CDC). As of July...
W Kip Viscusi
W Kip Viscusi
Policies to address the coronavirus disease 2019 (COVID-19) require a balancing of the health risk reductions and the costs of economic dislocations. Application of the value of a statistical life (VSL) to monetize COVID-19 deaths produces ...
Henry Saffer,Daniel Dench,Michael Grossman et al.
Henry Saffer et al.
E-cigarettes provide nicotine in a vapor form, which is considered less harmful than the smoke from combustible cigarettes because it does not contain the toxins that are found in tobacco smoke. E-cigarettes may be effective in helping smok...
Determinants of stated willingness to pay for public goods: A study in the headline method [0.03%]
声明性支付意愿的影响因素——关于头条新闻法的研究
Daniel Kahneman,Ilana Ritov
Daniel Kahneman
Respondents were shown brief statements ("headlines") referring to various threats to the environment or to public health, and other public issues. An intervention to deal with each problem was also introduced by a single sentence. Some res...
Present bias and health [0.03%]
即刻偏好的健康效应
Yang Wang,Frank A Sloan
Yang Wang
This study uses a dynamic discrete choice model to examine the degree of present bias and naivete about present bias in individuals' health care decisions. Clinical guidelines exist for several common chronic diseases. Although the empirica...
Thomas Buser,Leonie Gerhards,Joël van der Weele
Thomas Buser
We investigate individual heterogeneity in the tendency to under-respond to feedback ("conservatism") and to respond more strongly to positive compared to negative feedback ("asymmetry"). We elicit beliefs about relative performance after r...
Discounting health and money: New evidence using a more robust method [0.03%]
关于健康和金钱的折扣：使用更稳健的方法获得的新证据
Arthur E Attema,Han Bleichrodt,Olivier L&#x;Haridon et al.
Arthur E Attema et al.
This study compares discounting for money and health in a field study. We applied the direct method, which measures discounting independent of utility, in a representative French sample, interviewed at home by professional interviewers. We ...
Christoph M Rheinberger,James K Hammitt
Christoph M Rheinberger
We study how people form and revise health risk beliefs based on food safety information. In an online experiment, subjects stated their perceived risk of contracting a foodborne illness before and after receiving information about the popu...
Daniel Navarro-Martinez,Graham Loomes,Andrea Isoni et al.
Daniel Navarro-Martinez et al.
We build a satisficing model of choice under risk which embeds Expected Utility Theory (EUT) into a boundedly rational deliberation process. The decision maker accumulates evidence for and against alternative options by repeatedly sampling ...