Publications

BibTex format

@article{Miraldo:2016:10.1177/0272989X15626406,
author = {Miraldo, M and Galizzi, MM and Stravopoulou, C},
doi = {10.1177/0272989X15626406},
journal = {Medical Decision Making},
pages = {503--517},
title = {In Sickness but Not in Wealth. Field Evidence on Patients’ Risk Preferences in Financial and Health Domains},
url = {http://dx.doi.org/10.1177/0272989X15626406},
volume = {36},
year = {2016}
}

Download

RIS format (EndNote, RefMan)

TY  - JOUR
AB  - We present results from a hypothetical framed field experiment assessing whether risk preferences significantly differ across the health and financial domains when they are elicited through the same multiple price list paired-lottery method. We consider a sample of 300 patients attending outpatient clinics in a university hospital in Athens during the Greek financial crisis. Risk preferences in finance were elicited using paired-lottery questions with hypothetical payments. The questions were adapted to the health domain by framing the lotteries as risky treatments in hypothetical health care scenarios. Using maximum likelihood methods, we estimated the degree of risk aversion, allowing for the estimates to be dependent on domain and individual characteristics. The subjects in our sample, who were exposed to both health and financial distress, tended to be less risk averse in the financial domain than in the health domain.
AU  - Miraldo,M
AU  - Galizzi,MM
AU  - Stravopoulou,C
DO  - 10.1177/0272989X15626406
EP  - 517
PY  - 2016///
SN  - 1552-681X
SP  - 503
TI  - In Sickness but Not in Wealth. Field Evidence on Patients’ Risk Preferences in Financial and Health Domains
T2  - Medical Decision Making
UR  - http://dx.doi.org/10.1177/0272989X15626406
UR  - http://hdl.handle.net/10044/1/12579
VL  - 36
ER  -

Download

ProfessorMarisaMiraldo

Contact

Location

Summary

Citation

BibTex format

RIS format (EndNote, RefMan)