Best-worst scaling (BWS), also known as maximum-difference scaling, is a multiattribute approach to measuring preferences. BWS aims at the analysis of preferences regarding a set of attributes, their levels or alternatives. It is a stated-preference method based on the assumption that...

Note: The following text is a description of the paper and not the text of the abstract as printed in the Journal of Health Economics. Placing dollar values on human health has long been a controversial aspect of policy analysis and remains difficult, given the relatively small number of...

This paper reports the first test of how exogenous health shocks impact people's longevity expectations. The analysis exploits the panel structure of the Health and Retirement Study and tests whether smokers, former smokers and those who never smoked react differently to serious, smoking related...

This paper presents a methodology and empirical estimates from a pilot study for estimating willingness to pay for health improvements associated with reduced exposure to air pollution. The pilot study uses a rated-pair format to elicit stated preferences for various health-state attributes and...