?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.relation=https%3A%2F%2Fpublications.ut-capitole.fr%2Fid%2Feprint%2F19751%2F&rft.title=The+Value+of+Cancer+Prevention+vs+Treatment&rft.creator=Hammitt%2C+James+K.&rft.creator=Herrera-Araujo%2C+Daniel&rft.creator=Rheinberger%2C+Christoph&rft.subject=B-+ECONOMIE+ET+FINANCE&rft.description=We+present+an+integrated+valuation+model+for+diseases+that+pose+some+chance+of+death.+The+model+extends+the+standard+one-period+value-of-statistical-life+model+to+three+health+prospects%3A+healthy%2C+ill%2C+and+dead.+We+derive+willingness-to-pay+values+for+preven-+tion+eorts+that+reduce+a+disease%E2%80%99s+incidence+rate+as+well+as+for+treatments+that+lower+the+corresponding+health+deterioration+and+mortality+rates.+We+find+that+the+demand+value+of+prevention+always+exceeds+that+of+treatment.+People+often+overweight+small+risks+and+underweight+large+ones.+We+use+the+rank+dependent+utility+framework+to+explore+how+the+demand+for+prevention+and+treatment+alters+when+people+evaluate+probabilities+in+a+non-linear+manner.+For+incidence+and+mortality+rates+associated+with+common+types+of+cancers%2C+the+inverse-S+shaped+probability+weighting+found+in+experimental+studies+leads+to+a+significant+increment+in+the+demand+values+of+both+treatment+and+prevention.&rft.publisher=TSE+Working+Paper&rft.date=2016-02&rft.type=Monograph&rft.type=NonPeerReviewed&rft.format=text&rft.language=fr&rft.identifier=https%3A%2F%2Fpublications.ut-capitole.fr%2Fid%2Feprint%2F19751%2F1%2FRheinberger_19751.pdf&rft.identifier=++Hammitt%2C+James+K.+%3Chttps%3A%2F%2Fwww.idref.fr%2F183451279%3E%2C+Herrera-Araujo%2C+Daniel+%3Chttps%3A%2F%2Fwww.idref.fr%2F192870602%3E+and+Rheinberger%2C+Christoph++(2016)+The+Value+of+Cancer+Prevention+vs+Treatment.++TSE+Working+Paper%2C+n.+16-628%2C+Toulouse+++++&rft.relation=http%3A%2F%2Ftse-fr.eu%2Fpub%2F30267&rft.language=en