Decisions about Health Behavioral Experiments in Health with Applications to Understand and Improve Health State Valuation

Abstract

How do individuals and societies make such decisions about health in practice, and does economic research provide the right tools to inform and study such decision-making? In his dissertation, Stefan Lipman tries to answer these questions. In economics, decisions about health are typically studied assuming they are made rationally. However, over the past decades the traditional economic view of rationality has been suggested to be highly unrealistic. As most work challenging this view is based on financial decision-making, in the first part of his dissertation, Lipman extend