Health in the Family: Collective Rationality and Risk Perceptions

• Author / Creator

  Zinner, David

• Heart disease is a large problem in the United States and Canada. The research conducted in this thesis will examine three things. First, what is the average American parent’s WTP for a reduction in their own and child risk of developing heart disease by age 75, and how do these two estimates compare and is it an efficient allocation of family resources? Second, what are the contributing factors for the purchase of a heart disease risk reduction program? Third, how do individuals perceive heart disease risk, and do they understand the risk factors associated with the development of this disease? It was discovered that the MWTP for a parent and their child were equal, and that demographic and health factors contribute to the purchase of a heart disease risk reduction program. Overall individuals were found to understand the risks of heart disease and were able to identify common risk factors.

• Subjects / Keywords

  • Willingness to Pay
  • Heart Disease
  • Stated Preference
  • Family
  • Risk Perceptions
  • Collective Rationality
  • Health

• Graduation date

  Spring 2013

• Type of Item

  Thesis

• Degree

  Master of Science

• DOI

  https://doi.org/10.7939/R3R93X

• License

  This thesis is made available by the University of Alberta Libraries with permission of the copyright owner solely for non-commercial purposes. This thesis, or any portion thereof, may not otherwise be copied or reproduced without the written consent of the copyright owner, except to the extent permitted by Canadian copyright law.