A consistency test of the time trade-off
نویسندگان
چکیده
منابع مشابه
A consistency test of the time trade-off.
This paper tests the internal consistency of time trade-off utilities. We find significant violations of consistency in the direction predicted by loss aversion. The violations disappear for higher gauge durations. We show that loss aversion can also explain that for short gauge durations time trade-off utilities exceed standard gamble utilities. Our results suggest that time trade-off measurem...
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ژورنال
عنوان ژورنال: Journal of Health Economics
سال: 2003
ISSN: 0167-6296
DOI: 10.1016/s0167-6296(03)00046-8