Discounted and Expected Utility from the Probability and Time Trade-Off Model [PDF]
This paper shows the interaction between probabilistic and delayed rewards. In decision- making processes, the Expected Utility (EU) model has been employed to assess risky choices whereas the Discounted Utility (DU) model has been applied to ...
Salvador Cruz Rambaud +1 more
doaj +3 more sources
Time preference, the discounted utility model and health [PDF]
The constant rate discounted utility model is commonly used to represent intertemporal preferences in health care program evaluations. This paper examines the appropriateness of this model, and argues that the model fails both normatively and descriptively as a representation of individual intertemporal preferences for health outcomes.
Bleichrodt, Han, Gafni, A
openaire +8 more sources
Optimal Consumption in a Stochastic Ramsey Model with Cobb-Douglas Production Function [PDF]
A stochastic Ramsey model is studied with the Cobb-Douglas production function maximizing the expected discounted utility of consumption. We transformed the Hamilton-Jacobi-Bellman (HJB) equation associated with the stochastic Ramsey model so as to ...
Md. Azizul Baten, Anton Abdulbasah Kamil
doaj +4 more sources
Cost-effectiveness of perioperative durvalumab plus FLOT for resectable gastric and gastroesophageal junction adenocarcinoma in the United States [PDF]
ObjectiveThis study evaluated the cost-effectiveness of perioperative durvalumab plus FLOT compared with FLOT alone in patients with resectable gastric and gastroesophageal junction (G/GEJ) adenocarcinoma in the United States.MethodsWe developed a semi ...
Jiahao Zhang +10 more
doaj +2 more sources
Cost-effectiveness analysis of irinotecan hydrochloride liposome in combination with 5-fluorouracil and leucovorin in locally advanced or metastatic pancreatic ductal adenocarcinoma [PDF]
ObjectiveThis study aims to evaluate the cost-effectiveness of irinotecan hydrochloride liposome in combination with 5-fluorouracil and leucovorin (5-FU/LV) as a second-line treatment in locally advanced or metastatic pancreatic ductal adenocarcinoma ...
ShaoQing Zhan +3 more
doaj +2 more sources
Discount models in intertemporal choice: an empirical analysis [PDF]
Purpose – The main purpose of this paper is to determine the discount function which better fits the individuals' preferences through the empirical analysis of the different functions used in the field of intertemporal choice. Design/methodology/approach
Isabel María Parra Oller +2 more
doaj +1 more source
Price Attractiveness and Price Complexity: Why People Prefer Level-Payment Loans
The improving sequence effect suggests that in choices between a rising earning and any other sequences, participants prefer the rising earning. Recent studies show that the improving sequence effect also exists in a loan context.
Yang Lu +4 more
doaj +1 more source
Cost-utility analysis of using paliperidone palmitate in schizophrenia in China
Objective: Long-acting injections (LAIs) of paliperidone palmitate have been shown to improve medication adherence and relieve psychotic symptoms. However, the specific cost-utility analysis of these LAIs in schizophrenia in China remains unclear.Methods:
Rui Luo, He Lu, Hengfen Li
doaj +1 more source
Optimal Investment-Consumption Strategy of Household Based on CEV Model
To maintain and increase household wealth, this study studies the optimal allocation ratio of household investment and consumption. When considering venture capital, it is assumed that the theoretical price of risky asset obeys the CEV model.
Aiyin Wang +4 more
doaj +1 more source
Cost-effectiveness analysis of tele-retinopathy of prematurity screening in Iran [PDF]
AIM: To conduct a cost-utility analysis of the tele- retinopathy of prematurity (ROP) screening program against no screening. METHODS: A decision tree model was developed to identify and treat the infants with threshold ROP through the tele-screening ...
Seyed-Farzad Mohammadi +6 more
doaj +1 more source

