We study how background health risk affects financial risk-taking. We elicit financial risk-taking behavior of a … infections across time and space, we find that an increase in infections affecting background health risk translates into higher … financial risk-taking, and for the alleviating effect of self-insurance devices …

jointly elicit risk preferences and preferences for altruism. Consistent with theory, we find that the standard simplifying …We apply the basic lessons and insights learned in the elicitation and estimation of risk and time preferences … assumptions about risk preferences lead to significantly biased estimates of altruism. This is particularly problematic when …

WWII on newborn health using a unique data set of historical birth records ranging from December 1937 to September 1941 …. Furthermore we investigate the heterogeneity of this effect with respect to health at birth and for different social groups. To … weight and asphyxia, perinatal mortality increases immediately after the onset of WWII. The mortality effect is driven by …

This paper investigates the returns to health care provision during the mortality transition. We construct a new panel … data set covering German municipalities from 1928 to 1936. The endogeneity of health care supply is addressed by using the … expulsion of Jewish physicians from statutory health insurance as exogenous variation in regional physician supply. Increases in …

Economic evaluation of projects involving changes in mortality risk conventionally assumes that lives are statistical … mortality risks and policy-induced changes in risk often differ among individuals although these differences are imperfectly … known. We examine the effects of information about heterogeneity of risk on economic evaluation. Although social welfare …

baseline mortality risk, and thus operates as the "dead anyway" effect. We suggest, however, that ambiguity aversion should … usually have a modest effect on the prevention of ambiguous mortality risks within benefit-cost analysis, and can hardly …