Where to be born? A normative approach of life duration inequalities in the world
研究指出,基于预期寿命和婴儿死亡率的传统国家分类可能产生规范错误,因为忽略了理性经济人的风险态度;改用考虑风险厌恶的Meyer分类法,能更准确比较各国寿命分布优劣。
The following study attempts to demonstrate that traditional classifications of OECD countries according to the health condition of their citizens, based on classifications of life expectancy and infant mortality, can lead to substantial normative errors if we assume that economic agents are rational. In particular, classifications of life expectancy and infant mortality can cause a great deal of information loss, and do not allow a precise idea of typical inequalities in certain countries. This study begins with Meyer's method of classification--which allows us to organise different distributions on the basis of risk aversion of agents. This means that countries can be classified as offering a distribution superior to others in regards to the life duration they offer their citizens.