Private and social time preferences for health and money: an empirical estimation Export

@article{citeulike:786948, abstract = {The main objective of this paper is to examine the relationship between individual time preference for health and money. To that end, we tested whether individuals discount their own health at the same rate as their own money and, similarly, whether they discount social health in the same terms as social money. To offer private and social money and health choices is, to the best of our knowledge, new in the literature on the estimation of time preferences and, in our view, represents a valid way in which to respond to the question of the uniform or differential discount of health, as against monetary, consequences. The results of our estimation suggest that a sample of students exhibit higher time preference rates for health than money, this being the case when the exchanges are both private and public. Copyright {\copyright} 2001 John Wiley \& Sons, Ltd.}, address = {Facultad de Derecho, University of Zaragoza, Zaragoza, Spain; Facultad de Ciencias Econ\'{o}micas y Empresariales, University of Zaragoza, Zaragoza, Spain; Facultad de Medicina, University of Zaragoza, Zaragoza, Spain}, author = {Lazaro, Angelina and Barberan, Ramon and Rubio, Encarnacion}, citeulike-article-id = {786948}, citeulike-linkout-0 = {http://dx.doi.org/10.1002/hec.599}, citeulike-linkout-1 = {http://www3.interscience.wiley.com/cgi-bin/abstract/78505740/ABSTRACT}, doi = {10.1002/hec.599}, journal = {Health Economics}, keywords = {utility}, number = {4}, pages = {351--356}, posted-at = {2006-08-05 20:07:43}, priority = {2}, title = {Private and social time preferences for health and money: an empirical estimation}, url = {http://dx.doi.org/10.1002/hec.599}, volume = {10}, year = {2001} }

TY - JOUR ID - citeulike:786948 L3 - citeulike-article-id:786948 N2 - The main objective of this paper is to examine the relationship between individual time preference for health and money. To that end, we tested whether individuals discount their own health at the same rate as their own money and, similarly, whether they discount social health in the same terms as social money. To offer private and social money and health choices is, to the best of our knowledge, new in the literature on the estimation of time preferences and, in our view, represents a valid way in which to respond to the question of the uniform or differential discount of health, as against monetary, consequences. The results of our estimation suggest that a sample of students exhibit higher time preference rates for health than money, this being the case when the exchanges are both private and public. Copyright © 2001 John Wiley & Sons, Ltd. IS - 4 JF - Health Economics AD - Facultad de Derecho, University of Zaragoza, Zaragoza, Spain; Facultad de Ciencias Económicas y Empresariales, University of Zaragoza, Zaragoza, Spain; Facultad de Medicina, University of Zaragoza, Zaragoza, Spain EP - 356 TI - Private and social time preferences for health and money: an empirical estimation VL - 10 SP - 351 KW - utility AU - Lazaro, Angelina AU - Barberan, Ramon AU - Rubio, Encarnacion PY - 2001/// UR - http://dx.doi.org/10.1002/hec.599 ER -