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allow utility values to be derived at the individual level also. The DCE presented respondents with eight pairwise risky … choices to estimate aggregate utility values for three EQ-5D health states, ranging from mild to severe. The design allowed … the elicitation of utility values for worse-than-dead states. Risk was represented using the stimulus used by EuroVaQ …
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rationing depends negatively on the buyer-seller ratio and positively on the concavity of the buyer's utility function …
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these sets. Then estimations of part-worths are calculated on the basis of linear additive model of total utility …
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We show that an agent maximizing some utility function on a discrete (as opposed to continuous) consumption space will … continuous quantities. An application of Afriat's Theorem then guarantees that there is a strictly increasing utility function on …
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