Measuring Risk Reduction Benefits with Discounted Longevity

There are many ways to assess the benefits and costs of risk-reduction policies. This paper shows that discounted longevity as a measure of benefits and the negative of net output as a measure of costs can be deduced from the Shepard and Zeckhauser utility-maximization model.

Bibliographische Detailangaben
Veröffentlicht in:Operations Research. - Institute for Operations Research and the Management Sciences, 1956. - 38(1990), 5, Seite 815-819
1. Verfasser: Bordley, Robert F. (VerfasserIn)
Format: Online-Aufsatz
Sprache:English
Veröffentlicht: 1990
Zugriff auf das übergeordnete Werk:Operations Research
Schlagworte:Cost analysis: cost/benefit analysis Decision analysis: risk Utility/preference: multiattribute utility theory Social sciences Economics Mathematics Behavioral sciences Business
LEADER 01000caa a22002652 4500
001 JST06370367X
003 DE-627
005 20240622102651.0
007 cr uuu---uuuuu
008 150325s1990 xx |||||o 00| ||eng c
035 |a (DE-627)JST06370367X 
035 |a (JST)171039 
040 |a DE-627  |b ger  |c DE-627  |e rakwb 
041 |a eng 
100 1 |a Bordley, Robert F.  |e verfasserin  |4 aut 
245 1 0 |a Measuring Risk Reduction Benefits with Discounted Longevity 
264 1 |c 1990 
336 |a Text  |b txt  |2 rdacontent 
337 |a Computermedien  |b c  |2 rdamedia 
338 |a Online-Ressource  |b cr  |2 rdacarrier 
520 |a There are many ways to assess the benefits and costs of risk-reduction policies. This paper shows that discounted longevity as a measure of benefits and the negative of net output as a measure of costs can be deduced from the Shepard and Zeckhauser utility-maximization model. 
540 |a Copyright 1990 The Operations Research Society of America 
650 4 |a Cost analysis: cost/benefit analysis 
650 4 |a Decision analysis: risk 
650 4 |a Utility/preference: multiattribute utility theory 
650 4 |a Social sciences  |x Population studies  |x Population dynamics  |x Longevity 
650 4 |a Economics  |x Microeconomics  |x Economic utility  |x Utility functions 
650 4 |a Economics  |x Economic disciplines  |x Consumer economics 
650 4 |a Economics  |x Economic disciplines  |x Financial economics  |x Finance  |x Financial management  |x Financial risk 
650 4 |a Economics  |x Economic disciplines  |x Financial economics  |x Finance  |x Financial investments  |x Annuities 
650 4 |a Social sciences  |x Population studies  |x Mortality 
650 4 |a Mathematics  |x Applied mathematics  |x Statistics  |x Applied statistics  |x Survival analysis  |x Survival rates 
650 4 |a Behavioral sciences  |x Psychology  |x Cognitive psychology  |x Cognitive processes  |x Decision making  |x Decision analysis  |x Cost benefit analysis 
650 4 |a Business  |x Business operations  |x Commerce  |x Financial transactions  |x Payments  |x Cash payments 
650 4 |a Economics  |x Microeconomics  |x Economic costs and benefits  |x Economic costs  |x Life cycle costs 
655 4 |a research-article 
773 0 8 |i Enthalten in  |t Operations Research  |d Institute for Operations Research and the Management Sciences, 1956  |g 38(1990), 5, Seite 815-819  |w (DE-627)320595005  |w (DE-600)2019440-7  |x 15265463  |7 nnns 
773 1 8 |g volume:38  |g year:1990  |g number:5  |g pages:815-819 
856 4 0 |u https://www.jstor.org/stable/171039  |3 Volltext 
912 |a GBV_USEFLAG_A 
912 |a SYSFLAG_A 
912 |a GBV_JST 
912 |a GBV_ILN_11 
912 |a GBV_ILN_20 
912 |a GBV_ILN_22 
912 |a GBV_ILN_23 
912 |a GBV_ILN_24 
912 |a GBV_ILN_31 
912 |a GBV_ILN_32 
912 |a GBV_ILN_39 
912 |a GBV_ILN_40 
912 |a GBV_ILN_60 
912 |a GBV_ILN_62 
912 |a GBV_ILN_63 
912 |a GBV_ILN_65 
912 |a GBV_ILN_69 
912 |a GBV_ILN_70 
912 |a GBV_ILN_90 
912 |a GBV_ILN_95 
912 |a GBV_ILN_100 
912 |a GBV_ILN_101 
912 |a GBV_ILN_110 
912 |a GBV_ILN_120 
912 |a GBV_ILN_152 
912 |a GBV_ILN_187 
912 |a GBV_ILN_224 
912 |a GBV_ILN_285 
912 |a GBV_ILN_374 
912 |a GBV_ILN_702 
912 |a GBV_ILN_2001 
912 |a GBV_ILN_2003 
912 |a GBV_ILN_2005 
912 |a GBV_ILN_2006 
912 |a GBV_ILN_2007 
912 |a GBV_ILN_2008 
912 |a GBV_ILN_2009 
912 |a GBV_ILN_2010 
912 |a GBV_ILN_2011 
912 |a GBV_ILN_2014 
912 |a GBV_ILN_2015 
912 |a GBV_ILN_2018 
912 |a GBV_ILN_2020 
912 |a GBV_ILN_2021 
912 |a GBV_ILN_2026 
912 |a GBV_ILN_2027 
912 |a GBV_ILN_2034 
912 |a GBV_ILN_2044 
912 |a GBV_ILN_2048 
912 |a GBV_ILN_2050 
912 |a GBV_ILN_2055 
912 |a GBV_ILN_2056 
912 |a GBV_ILN_2057 
912 |a GBV_ILN_2059 
912 |a GBV_ILN_2061 
912 |a GBV_ILN_2065 
912 |a GBV_ILN_2068 
912 |a GBV_ILN_2106 
912 |a GBV_ILN_2107 
912 |a GBV_ILN_2108 
912 |a GBV_ILN_2111 
912 |a GBV_ILN_2112 
912 |a GBV_ILN_2113 
912 |a GBV_ILN_2118 
912 |a GBV_ILN_2122 
912 |a GBV_ILN_2129 
912 |a GBV_ILN_2143 
912 |a GBV_ILN_2147 
912 |a GBV_ILN_2148 
912 |a GBV_ILN_2152 
912 |a GBV_ILN_2153 
912 |a GBV_ILN_2190 
912 |a GBV_ILN_2232 
912 |a GBV_ILN_2472 
912 |a GBV_ILN_2935 
912 |a GBV_ILN_2940 
912 |a GBV_ILN_2949 
912 |a GBV_ILN_2950 
912 |a GBV_ILN_4012 
912 |a GBV_ILN_4035 
912 |a GBV_ILN_4037 
912 |a GBV_ILN_4046 
912 |a GBV_ILN_4112 
912 |a GBV_ILN_4125 
912 |a GBV_ILN_4126 
912 |a GBV_ILN_4242 
912 |a GBV_ILN_4246 
912 |a GBV_ILN_4249 
912 |a GBV_ILN_4251 
912 |a GBV_ILN_4305 
912 |a GBV_ILN_4306 
912 |a GBV_ILN_4307 
912 |a GBV_ILN_4313 
912 |a GBV_ILN_4322 
912 |a GBV_ILN_4323 
912 |a GBV_ILN_4324 
912 |a GBV_ILN_4325 
912 |a GBV_ILN_4326 
912 |a GBV_ILN_4335 
912 |a GBV_ILN_4338 
912 |a GBV_ILN_4346 
912 |a GBV_ILN_4393 
912 |a GBV_ILN_4700 
951 |a AR 
952 |d 38  |j 1990  |e 5  |h 815-819