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Prudence and optimal prevention for health risks
9 references·16 citing·31 second hop
Prudence and optimal prevention for health risks (2006)Prudence and optimal prevention for healt…The impact of prudence on optimal prevention (2005)The impact of prudence on opt…Risk Aversion and the Propensities for Self-Insurance and Self-Protection (1990)Risk Aversion and the Propens…Precautionary Saving in the Small and in the Large (1990)Precautionary Saving in the S…Precautionary Saving in the Small and in the Large (1989)Precautionary Saving in the S…Self-insurance, self-protection and increased risk aversion (1985)Self-insurance, self-protecti…Risk Aversion in the Small and in the Large (1976)Risk Aversion in the Small an…Market Insurance, Self-Insurance, and Self-Protection (1972)Market Insurance, Self-Insura…Risk Aversion in the Small and in the Large (1964)Risk Aversion in the Small an…The Utility Analysis of Choices Involving Risk (1948)The Utility Analysis of Choic…The prevention puzzle (2022)The prevention puzzleOn the Effect of Uncertainty on Personal Vaccination Decisions (2021)On the Effect of Uncertainty …Insurance decisions under nonperformance risk and ambiguity (2021)Insurance decisions under non…Higher Order Risk Attitudes in the Time of COVID-19: An Experimental Study (2021)Higher Order Risk Attitudes i…A fresh look at primary prevention for health risks (2021)A fresh look at primary preve…The development of risk aversion and prudence in Chinese children and adolescents (2020)The development of risk avers…Who Should Exert More Effort? Risk Aversion, Downside Risk Aversion and Optimal Prevention (2019)Who Should Exert More Effort?…Vaccination as a trade-off between risks (2019)Vaccination as a trade-off be…Risk aversion, prudence and temperance: An experiment in gain and loss (2019)Risk aversion, prudence and t…Optimal saving and health prevention (2019)Optimal saving and health pre…EXPLORING THE CONSISTENCY OF HIGHER ORDER RISK PREFERENCES (2019)EXPLORING THE CONSISTENCY OF …Measuring multivariate risk preferences in the health domain (2018)Measuring multivariate risk p…Optimal choice of prevention and cure under uncertainty on disease effect and cure effectiveness (2017)Optimal choice of prevention …Prevention and Precaution (2013)Prevention and PrecautionPatient Preferences and Treatment Thresholds under Diagnostic Risk (2012)Patient Preferences and Treat…An experimental methodology testing for prudence and third-order preferences (2009)An experimental methodology t…Risk, Uncertainty and Profit (1921)Risk, Ambiguity, and the Savage Axioms (1961)Risk and choice: A research saga (2013)The impact of ambiguity and prudence on prevention decisions (2015)Does managerial personality matter? Evidence from firms in Vietnam (2018)Aspects of the Theory of Risk-Bearing. (1966)Should More Risk-Averse Agents Exert More Effort? (1999)An Examination of the Demand for Life Insurance (2003)Some Stronger Measures of Risk Aversion in the Small and the Large with Applications (1981)Multiple Dimensions of Private Information: Evidence from the Long-Term Care Insurance Market (2006)Risk Management: History, Definition, and Critique (2013)Saving and Uncertainty: The Precautionary Demand for Saving (1968)Uninsured Idiosyncratic Risk and Aggregate Saving (1994)The analysis of household surveys (1997)Understanding Consumption (1992)Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis (1997)Conditional Skewness in Asset Pricing Tests (2000)Crime, Punishment, and the Market for Offenses (1996)Economic foundations of cost-effectiveness analysis (1997)Equality of Opportunity (1998)Toward a positive theory of consumer choice (1980)Prospect theory: An analysis of decision under risk (1988)Risk as feelings. (2001)Testing for Prudence and Skewness Seeking (2011)The Effect of Ambiguity Aversion on Insurance and Self‐protection (2013)Joint measurement of risk aversion, prudence, and temperance (2014)Financial Intermediation and Delegated Monitoring (1984)Well-being : the foundations of hedonic psychology (1999)On the measurement of inequality (1970)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The arbitrage theory of capital asset pricing (1976)
this work references cited by second hop

References

  • 1964Risk Aversion in the Small and in the Large4,964 cited
  • 1976Risk Aversion in the Small and in the Large4,655 cited
  • 1948The Utility Analysis of Choices Involving Risk3,097 cited
  • 1990Precautionary Saving in the Small and in the Large1,850 cited
  • 1989Precautionary Saving in the Small and in the Large1,498 cited
  • 1972Market Insurance, Self-Insurance, and Self-Protection1,397 cited
  • 1985Self-insurance, self-protection and increased risk aversion335 cited
  • 1990Risk Aversion and the Propensities for Self-Insurance and Self-Protection227 cited
  • 2005The impact of prudence on optimal prevention211 cited

Cited by

  • 2013Prevention and Precaution55 cited
  • 2019EXPLORING THE CONSISTENCY OF HIGHER ORDER RISK PREFERENCES45 cited
  • 2020The development of risk aversion and prudence in Chinese children and adolescents42 cited
  • 2018Measuring multivariate risk preferences in the health domain42 cited
  • 2019Who Should Exert More Effort? Risk Aversion, Downside Risk Aversion and Optimal Prevention36 cited
  • 2021On the Effect of Uncertainty on Personal Vaccination Decisions31 cited

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  • 2021Insurance decisions under nonperformance risk and ambiguity19 cited
  • 2021A fresh look at primary prevention for health risks18 cited
  • 2022The prevention puzzle18 cited
  • 2019Risk aversion, prudence and temperance: An experiment in gain and loss18 cited
  • 2012Patient Preferences and Treatment Thresholds under Diagnostic Risk16 cited
  • 2017Optimal choice of prevention and cure under uncertainty on disease effect and cure effectiveness15 cited
  • 2019Optimal saving and health prevention15 cited
  • 2019Vaccination as a trade-off between risks15 cited
  • 2009An experimental methodology testing for prudence and third-order preferences13 cited
  • 2021Higher Order Risk Attitudes in the Time of COVID-19: An Experimental Study9 cited