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Probabilities and health risks: a qualitative approach

✍ Scribed by Bob Heyman; Mette Henriksen; Karen Maughan

Book ID: 114210431
Publisher: Elsevier Science
Year: 1998
Tongue: English
Weight: 227 KB
Volume: 47
Category: Article
ISSN: 0277-9536
DOI: 10.1016/s0277-9536(98)00205-6

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## Abstract We study the willingness to pay for reductions in health risks when people do not evaluate probabilities linearly, as is commonly assumed in elicitations of willingness to pay, but weight probabilities, as is commonly observed in empirical studies of decision under risk. We show that fo