Time preferences and health behaviour: a review

Agricultural and Food Economics

Table 3 Estimates of health discount rates for developing countries

Mean private discount factor (P_d)	Mean social discount factor (S_d)	Delay of condition	Elicitation method	Model	Sample size	Health state description	Hypothetical?	Country	Study
0.071	0.068	3-6 yrs	Open-ended stated preference	Discounted utility	n = 224 for P_d	Malarial-like disease	Hypothetical	Tanzania	(Robberstad 2005)
0.071	0.068	3-6 yrs	Open-ended stated preference	Discounted utility	n = 226 for S_d	Malarial-like disease	Hypothetical	Tanzania	(Robberstad 2005)
0.122*	0.122*	3-6 yrs	Open-ended stated preference	Harvey (Hyperbolic)	450 pooled sample	Non-fatal but will miss work	Hypothetical	Tanzania	(Robberstad and Cairns 2007)
0.101*	0.101*	3-6 yrs	Open-ended stated preference	Mazur (Hyperbolic)	450 pooled sample	Non-fatal but will miss work	Hypothetical	Tanzania	(Robberstad and Cairns 2007)
0.121*	0.121*	3-6 yrs	Open-ended stated preference	L&P (Hyperbolic)	450 pooled sample	Non-fatal but will miss work	Hypothetical	Tanzania	(Robberstad and Cairns 2007)
0.076-0.079	N/A	Age and life expectancy (from tables) considered for each individual	Real-life job choices and associated risks	Expected discounted life years lost by weighted non-linear least squares	522	N/A	Non-hypothetical	India	(Shanmugam 2006)

*Pooled both social and private discount rates because there was no statistical difference.