𝔖 Bobbio Scriptorium
✦   LIBER   ✦

New evidence of preference reversals in health utility measurement

✍ Scribed by Han Bleichrodt; Jose Luis Pinto Prades

Publisher
John Wiley and Sons
Year
2009
Tongue
English
Weight
141 KB
Volume
18
Category
Article
ISSN
1057-9230

No coin nor oath required. For personal study only.

✦ Synopsis

Abstract

A central assumption in health utility measurement is that preferences are invariant to the elicitation method used. This assumption is challenged by preference reversals. Previous studies have observed preference reversals between choice and matching tasks and between choice and ranking tasks. We present a preference reversal that is entirely derived from choices, the basic primitive of economics and utility theory. The preference reversal was observed in two studies regarding health states after stroke. Both studies involved large representative samples from the Spanish population, interviewed professionally, and face‐to‐face. Possible explanations for the preference reversal are the anticipation of disappointment and elation in risky choice and the impact of ethical considerations about the value of life. Copyright Β© 2008 John Wiley & Sons, Ltd.

πŸ“œ SIMILAR VOLUMES

THE IMPACT OF VOLUNTARY HEALTH INSURANCE
THE IMPACT OF VOLUNTARY HEALTH INSURANCE ON HEALTH CARE UTILIZATION AND OUT-OF-POCKET PAYMENTS: NEW EVIDENCE FOR VIETNAM
✍ Cuong Viet Nguyen πŸ“‚ Article πŸ“… 2011 πŸ› John Wiley and Sons 🌐 English βš– 161 KB πŸ‘ 1 views

## SUMMARY Vietnam aims to achieve full coverage of health insurance in 2015. An increasing type of health insurance in Vietnam is voluntary health insurance. Although there are many studies on the implementation of voluntary health insurance in Vietnam, little is known on the causal impact of volu

Does job satisfaction improve the health
Does job satisfaction improve the health of workers? New evidence using panel data and objective measures of health
✍ Justina A. V. Fischer; Alfonso Sousa-Poza πŸ“‚ Article πŸ“… 2009 πŸ› John Wiley and Sons 🌐 English βš– 180 KB

## Abstract This paper evaluates the relationship between job satisfaction and measures of health of workers using the German Socio‐Economic Panel. Methodologically, it addresses two important design problems encountered frequently in the literature: (a) cross‐sectional causality problems and (b) t

Methods for measuring utilization of men
Methods for measuring utilization of mental health services in two epidemiologic studies
✍ Douglas K. Novins; Janette Beals; Calvin Croy; Spero M. Manson πŸ“‚ Article πŸ“… 2008 πŸ› John Wiley and Sons 🌐 English βš– 234 KB

## Abstract Objectives of Study: Psychiatric epidemiologic studies often include two or more sets of questions regarding service utilization, but the agreement across these different questions and the factors associated with their endorsement have not been examined. The objectives of this study wer

The ordinal utility under uncertainty an
The ordinal utility under uncertainty and the measure of risk aversion in terms of preferences
✍ Aldo Montesano πŸ“‚ Article πŸ“… 1985 πŸ› Springer US 🌐 English βš– 427 KB

THE ORDINAL UTILITY UNDER UNCERTAINTY AND THE MEASURE OF RISK AVERSION IN TERMS OF PREFERENCES 1. INTRODUCTION A choice is said to be rational if it follows a criterion, which is usually introduced as a preference model. The von Neumann-Morgenstern theory 1 not only assumes such a rationality but al