Rankings
Publications
Search Publications
Cited-By Search
Sources
Publishers
Scholars
Scholars
Top Cited Scholars
Organizations
About
Login
Register
Home
Publications
Values and preferences are not necessarily the same
Home
Publications
Values and preferences are not necessarily the same
Values and preferences are not necessarily the same
Alan Shiell
Alan Shiell
PH
Penelope Hawe
Penelope Hawe
JS
Janelle Seymour
Janelle Seymour
Publisher Website
Google Scholar
Add to library
Cite
Download
Share
Download
1 September 1997
journal article
research article
Published by
Wiley
in
Health Economics
Vol. 6
(5)
,
515-518
https://doi.org/10.1002/(sici)1099-1050(199709)6:5<515::aid-hec292>3.0.co;2-n
Abstract
Economic theory typically draws no distinction between preferences and values, assumes that preferences are stable and complete and that all that need be done to elicit them is to ask the right question in the right way. It is argued here that values for some fundamental aspects of life, such as health, are not the same as preferences. The former are less differentiated and require construction and clarification before they can be elicited. The implications of this for health state valuation are discussed. © 1997 John Wiley & Sons, Ltd.
Keywords
MICROECONOMIC THEORY
OUTCOMES RESEARCH
VALUES
PREFERENCES
All Articles
Open Access
Cited by 27 articles