Multiplicative Utilities for Health and Consumption
Published Online:8 Oct 2012https://doi.org/10.1287/deca.1120.0248
References
- . Multiattribute utility theory, intertemporal utility and correlation aversion. (2011) . Working paper, CEAR, Georgia State University, AtlantaGoogle Scholar
- . Exploring differences in empirical time preference rates for health: An application of meta-regression. Health Econom. (2008) 17(2):235–248Crossref, Google Scholar
- . On the (not so) constant proportional trade-off in TTO. Quality Life Res. (2010) 19(4):489–497Crossref, Google Scholar
- . Double-exponential utility functions. Math. Oper. Res. (1986) 11(2):351–361Link, Google Scholar
- . A new explanation for the difference between time trade-off utilities and standard gamble utilities. Health Econom. (2002) 11(5):447–456Crossref, Google Scholar
- . Time preference, the discounted utility model and health. J. Health Econom. (1996) 15(1):49–66Crossref, Google Scholar
- . Life-cycle preferences over consumption and health: When is cost-effectiveness analysis equivalent to cost-benefit analysis? J. Health Econom. (1999) 18(6):681–708Crossref, Google Scholar
- . Uncertain lifetime and intertemporal choice: Risk aversion as a rationale for time discounting. Internat. Econom. Rev. (2006) 47(4):1223–1246Crossref, Google Scholar
- . Decision analysis applications in the operations research literature, 1970–1989. Oper. Res. (1991) 39(2):206–219Link, Google Scholar
- . Concerning product integrals and exponentials. Proc. Amer. Math. Soc. (1970) 25(4):743–747Crossref, Google Scholar
- . Deriving quality-adjusted life years (QALYs) from constant proportional time tradeoff and risk posture conditions. J. Math. Psych. (2003) 47(5–6):557–567Crossref, Google Scholar
- . Consumption and health. B.E. J. Macroeconomics (2006) 6(1):1–30Google Scholar
- . Methods for the Economic Evaluation of Health Care Programmes (2005) 3rd ed.(Oxford University Press, New York) Google Scholar
- . Measurable multiattribute value functions. Oper. Res. (1979) 27(4):810–822Link, Google Scholar
- . Generalized utility independence and some implications. Oper. Res. (1975) 23(5):928–940Link, Google Scholar
- . Multiattribute structure for QALYs. Decision Anal. (2004) 1(4):205–216Link, Google Scholar
- . Risk aversion and incentive effects. Amer. Econom. Rev. (2002) 92(5):1644–1655Crossref, Google Scholar
- . On fates comparable to death. Management Sci. (1984) 30(4):407–422Link, Google Scholar
- . Decisions with Multiple Objectives: Preferences and Value Tradeoffs (1976) (John Wiley & Sons, New York) Google Scholar
- Kotlikoff LJ. Health expenditures and precautionary savings. What Determines Savings? (1988) (MIT Press, Cambridge, MA) . Chap. 6Google Scholar
- . Preferences for consumption streams: Scale invariance, correlation aversion, and delay aversion under mortality risk. Oper. Res. (2010) 58(4):985–997Link, Google Scholar
- . Habit formation from correlation aversion. Oper. Res. (2012) 60(3):625–637Link, Google Scholar
- . A comparison of standard gamble, time trade-off, and adjusted time trade-off scores. Internat. J. Tech. Assessment Health Care (2000) 16(1):137–147Crossref, Google Scholar
- , Keeney RL, Raiffa H. Preferences over time. Decisions with Multiple Objectives: Preferences and Value Tradeoffs (1976) (John Wiley & Sons, New York) 473–514Google Scholar
- . The zero condition: A simplifying assumption in QALY measurement and multiattribute utility. Management Sci. (1998) 44(6):839–849Link, Google Scholar
- . Uncertain medical expenses and precautionary savings near the end of the life cycle. Rev. Econom. Stud. (1999) 66(2):395–421Crossref, Google Scholar
- . Multivariate risk aversion, utility independence and separable utility functions. Management Sci. (1975) 22(1):12–21Link, Google Scholar
- . Foundations of intrinsic habit formation. Econometrica (2010) 78(4):1341–1373Crossref, Google Scholar
- . The utility of different health states as perceived by the general public. J. Chronic Diseases (1978) 31(11):697–704Crossref, Google Scholar
- . Expo-power utility: A “flexible” form for absolute and relative risk aversion. Amer. J. Agricultural Econom. (1993) 75(4):905–913Crossref, Google Scholar
- . Your money or your life: A prescriptive model for health, safety, and consumption decisions. Management Sci. (2005) 51(9):1309–1325Link, Google Scholar
- . The “utility” of the time trade-off method in cancer patients: Feasibility and proportional trade-off. J. Clinical Epidemiology (1995) 48(10):1207–1214Crossref, Google Scholar
- . Theory of Games and Economic Behavior (1947) 2nd ed.(Princeton University Press, Princeton, NJ) Google Scholar
- . Cardinal coordinate independence for expected utility. J. Math. Psych. (1984) 28(1):110–117Crossref, Google Scholar

