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Table 3 Estimates of health discount rates for developing countries

From: Time preferences and health behaviour: a review

Mean private discount factor (Pd) Mean social discount factor (Sd) 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)
n = 226 for S d
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)
  1. *Pooled both social and private discount rates because there was no statistical difference.