Approaches to estimating the health state dependence of the utility function

American Economic Review

Volumn 99, Issue 2, 2009, Pages 116-121

  Finkelstein, Amy ^a,b   Luttmer, Erzo F P ^b,c   Notowidigdo, Matthew J ^a  

^a MASSACHUSETTS INSTITUTE OF TECHNOLOGY   (United States)

^b NATIONAL BUREAU OF ECONOMIC RESEARCH   (United States)

^c HARVARD UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 73849094385     PISSN: 00028282     EISSN: None     Source Type: Journal    
DOI: 10.1257/aer.99.2.116     Document Type: Conference Paper

References (9)

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2. De Nardi, Mariacristina, Eric French, and John B. Jones. 2006. "Differential Mortality, Uncertain Medical Expenses, and the Saving of Elderly Singles." National Bureau of Economic Research Working Paper 12554.
3. Edwards, Ryan D. 2008. "Health Risk and Portfolio Choice." Journal of Business and Economic Statistics, 26(4):472-85.
4. Evans, William N., and W. Kip Viscusi. 1991. "Estimation of State-Dependent Utility Functions Using Survey Data." Review of Economics and Statistics, 73(1):94-104.
5. Finkelstein, Amy, Erzo F. P. Luttmer, and Matthew J. Notowidigdo. 2008. "What Good Is Wealth without Health? The Effect of Health on the Marginal Utility of Consumption." National Bureau of Economic Research Working Paper 14089.
6. Lillard, Lee A., and Yoram Weiss. 1997. "Uncertain Health and Survival: Effects on End-of-Life Consumption." Journal of Business and Economic Statistics, 15(2):254-68.
7. Rust, John, and Christopher Phelan. 1997. "How Social Security and Medicare Affect Retirement Behavior in a World of Incomplete Markets." Econometrica, 65(4):781-831.
8. Sloan, Frank A., W. Kip Viscusi, Harrell W. Chesson, Christopher J. Conover, and Kathryn Whetten-Goldstein. 1998. "Alternative Approaches to Valuing Intangible Health Losses: The Evidence for Multiple Sclerosis." Journal of Health Economics, 17(4):475-97.
9. Viscusi, W. Kip, and William N. Evans. 1990. "Utility Functions That Depend on Health Status: Estimates and Economic Implications." American Economic Review, 80(3):353-74.