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Comparative Mixed Risk Aversion: Definition and Application to Self-Protection and Willingness to Pay

✍ Scribed by Kaïs Dachraoui; Georges Dionne; Louis Eeckhoudt; Philippe Godfroid

Book ID
111606861
Publisher
Springer
Year
2004
Tongue
English
Weight
118 KB
Volume
29
Category
Article
ISSN
0895-5646

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## Abstract This study applies conjoint analysis (CA) to estimate the marginal willingness‐to‐pay (MWTP) of elderly individuals for a reduction of the risk of fracture of the femur. The good in question is a hypothetical hip protector which lowers the risk of a fracture by different amounts. Other