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Valuing Pain using the Subjective Well-being Method

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NBER2017-08-01 更新2025-01-04 收录
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Chronic pain clearly lowers utility, but it is empirically challenging to estimate the monetary compensation needed to offset this utility reduction. We use the subjective well-being method to estimate the value of pain relief among individuals age 50 and older. We use a sample of 64,205

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2017-08-01
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