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Ex Ante Evaluation of Health States and the Provision for Ill-Health

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  • Besley, Timothy

Abstract

This paper examines the motivation for States to intervene in the provisions that their citizens make for ill-health. The author examines arguments that relate to imperfect information and a kind of misperception which he calls evaluator relativity. He identifies ex post regret as being the force that may justify intervention that helps to sidestep some of the problems that arise when expected utility is invoked as a welfare criterion. Copyright 1989 by Royal Economic Society.

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  • Besley, Timothy, 1989. "Ex Ante Evaluation of Health States and the Provision for Ill-Health," Economic Journal, Royal Economic Society, vol. 99(394), pages 132-146, March.
    • Handle: RePEc:ecj:econjl:v:99:y:1989:i:394:p:132-46
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    Cited by:

    1. Leroux, M.-L. & Pestieau, P. & Ponthiere, G., 2011. "Longevity, genes and efforts: An optimal taxation approach to prevention," Journal of Health Economics, Elsevier, vol. 30(1), pages 62-76, January.
    2. Sadique, Z. & Edmunds, W. J. & Devlin, N. & Parkin, D., 2005. "Understanding individuals’ decisions about vaccination: a comparison between Expected Utility and Regret Theory models," Working Papers 05/03, Department of Economics, City University London.
    3. Simona GRASSI, 2006. "On the characteristics of a mixed system of provision of a private good. An application to health care," Departmental Working Papers 2006-14, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    4. Marie-Louise Leroux & Grégory Ponthière, 2013. "Optimal prevention when coexistence matters," Journal of Population Economics, Springer;European Society for Population Economics, vol. 26(3), pages 1095-1127, July.

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