Prévention en santé et ambiguïté
Johanna Etner and
Augustin Tabo
Revue économique, 2013, vol. 64, issue 4, 665-683
Abstract:
In this article, we study the optimal level of prevention in the face of an uncertainty on the health status. We analyze the individual choices of primary prevention and secondary prevention when the probability of appearance of the disease is not perfectly known. In order to distinguish the risk aversion and the ambiguity aversion, we use the representation model of preferences proposed by Klibanoff, Marinacci and Mukerji [2005]. We show that the ambiguity aversion incites individuals to make more primary and secondary prevention when the marginal utility of wealth is an increasing function of health status. Classification JEL : D91, I12, I18.
JEL-codes: D91 I12 I18 (search for similar items in EconPapers)
Date: 2013
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Working Paper: Prévention en santé et ambiguïté (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:cai:recosp:reco_644_0665
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