Abellan-Perpiñan, J.M.

utility health prospect prospect theory state theory duration trade-off method probability loss aversion time trade-off utilities health states decision bleichrodt question subject health state b choice aversion reference point health state difference preference measurement result fi ndings life duration experiment gauge signi study model reference nding point death journal economic session parameter signi ficant time trade-off measurements gamble gauge durations tversky / journal weighting value function analysis alternative probability weighting gauge duration fi ve methods inconsistency time trade-off utility measurement people ficant table kahneman risk-risk methods effect gamble utilities management response paper procedure time trade-off questions problem riskless-risk methods qaly model level consistency test intertemporal fi rst experiment practice question decision analysis fi nding