This paper empirically assesses links between expectations of future health and income on sexual risk taking on a sample of young adults in Cape Town, South Africa. An important contribution of the paper lies in combining a wide range of variables measuring risky sexual behavior such that the...

The thesis consists of an introductory part and four self-contained papers. Paper [I] theoretically analyzes how the level and uncertainty of future prospects affect incentives to abstain from sexual risk taking in the presence of HIV. The results suggest that, for individuals with limited...

Higher-order risk attitudes include risk aversion, prudence, and temperance. This paper analyzes the effects of such preferences on medical test and treatment decisions, represented either by test and treatment thresholds or – if the test characteristics are endogenous – by the optimal...

This study analyses the relation between perceived health status and intertemporal choice. We use data from experiments with real monetary rewards conducted among students in South Africa to estimate risk and time preferences. These experimental data, based on multiple price lists developed by...

The way imperfect information can lead to market failure provides great learning opportunities for students, where they see how the price mechanism can fail under a multiperiod setting. In this paper, we modify Hodgson (2014) to incorporate risk aversion in a classroom experiment about...

In this paper we provide estimates of the coefficient of relative risk aversion using information on self-reports of subjective personal well-being from multiple datasets, including three cross-sectional surveys and two panel surveys, namely the Gallup World Poll, the European Social Survey, the...