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Invitation - „End-of-life healthcare expenditure: testing economic explanations using a discrete choice experiment”

Presentation at the 1. ATHEA PhD-Workshop

Vienna, October 18th, 2018

Healthcare expenditure (HCE) spent during an individual’s last year of life accounts for a high share of lifetime HCE. This finding is puzzling because an investment in health is unlikely to have a sufficiently long payback period. However, Becker et al. (2007) and Philipson et al. (2010) have advanced a theory designed to explain high willingness to pay (WTP) for an extension of life close to its end. Their testable implications are complemented by the concept of ‘pain of risk bearing’ introduced by Eeckhoudt and Schlesinger (2006). They are tested using a discrete choice experiment performed in 2014, involving 1,529 Swiss adults. An individual setting where the price attribute is substantial out-of-pocket payment for a novel drug for treatment of terminal cancer is distinguished from a societal one, where it is an increase in contributions to social health insurance. Most of the economic predictions receive empirical support.

Presentation: Professor em. Dr. Peter Zweifel, University Zurich 

When: October 18th, 2018, 05:30pm

Where: Vienna University of Economics and Business, Welthandelsplatz 1, 1020 Vienna

Registration: Participation is free of charge, please register at no later than October 7th, 2018.

The event is a cooperation with the Health Economics and Policy Group at the Department of Socioeconomics of the Vienna University of Economics and Business.


The International Health Economics Association has awarded the 2018 iHEA Student Prize to Dr. Mujaheed Shaikh (Health Economics and Policy Division) for his paper “Your retirement and my health behavior: Evidence on retirement externalities from a fuzzy regression discontinuity design”. Dr. Shaikh won the first prize in this international competition. The prize is awarded for excellent scientific contributions in the field of health economics by young scholars and will be presented on the occasion of the 13th World Congress “New Heights in Health Economics” on 13-17 July in Basel.

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Last visited Conferences

  • Mujaheed Shaikh, EuHEA Conference 2018, Maastricht, The Netherlands, July, (title of talks "Too sticky to switch? Retirement and health plan choices of the elderly" and "The impact of organizational change on firm efficiency: Evidence from the healthcare sector")

  • Anna-Theresa Renner, EuHEA Conference 2018, Maastricht, The Netherlands, July, (titles of talks "Availability and spatial accessibility of outpatient healthcare supply – what are the effects on utilization?" and "A Spatial Panel Data Analysis of Avoidable Hospitalisations in Austria")

  • Mujaheed Shaikh, European Economic Association Meeting, Germany, Cologne, August, (title of talk "The impact of organizational change on firm efficiency: Evidence from the healthcare sector")

  • Mujaheed Shaikh, American-European Health Economics Study Group, Harvard, Boston, USA, June (title of talk “The Impact of Organizational Change on Firm Efficiency: Evidence from the Healthcare Sector”)

  • Anna-Theresa Renner, Nationalökonomischen Gesellschaft in Wien, Annual Meeting & 100th Anniversary of the Austrian Economic Association, May (title of talk “What are the Drivers of Regional Variations in Avoidable Hospitalisations in Austria? A Spatial Panel Data Analysis”)

  • Mujaheed Shaikh, Regional Science Association International Conference, Goa, India, May (title of talk “ Child Malnutrition in Uganda: Regional disparities and socio-economic inequalities”).  

  • Mujaheed Shaikh, Scottish Economic Society Annual Conference, Perth, Scotland, April 2018 (title of talk “The Impact of Organizational Change on Firm Efficiency: Evidence from the Healthcare Sector”)

  • Mujaheed Shaikh, Invited presentation, Centre for Research on Health and Social Care Management, Bocconi University, Milan, Italy, March 2018 (title of talk “Too Sticky to Switch? Retirement and Health Plan choices of the elderly”).

  • Anna-Theresa Renner, Winterseminar organized by the German speaking section (GfR) of the European Regional Science Association (ERSA), Igls/Innsbruck, February 2018

  • Anna-Theresa Renner and Mujaheed Shaikh, Austrian Health Economics Association, Vienna, November 2017

  • Anna-Theresa Renner, 28th IUSSP International Population Conference, Cape Town, South Africa, October/November 2017

  • Daniela Weber, 5th International Workshop on the Socio-Economics of Ageing, Lisbon, October 2017

  • Mujaheed Shaikh, 15ª Conferência Nacional de Economia da Saúde | APES, October 2017

  • Daniela Weber, Russian Presidential Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) (Invited talk & stay) - organised by research group: International Laboratory on Demography and Human Capital, October 2017

  • Anna-Theresa Renner, 22nd Annual Conference of the Italian Health Economics Association (AIES), Pavia, Italy, October 2017

  • Daniela Weber, Jahrestagung der DGD und der Deutschen Statistischen Gesellschaft (DStatG), Rostock, September 2017

  • Anna-Theresa Renner and Mujaheed Shaikh, Jahrestagung des Vereins für Socialpolitik, Vienna, September 2017

  • Anna-Theresa Renner and Daniela Weber, Vienna Health Care Lectures, Vienna, September 2017

  • Daniela Weber, 6th Lindau Meeting on Economic Sciences, Lindau, August 2017

  • Anna-Theresa Renner, Summer School of the European Regional Science Association in Lesvos, Greece, July 2017

  • Mujaheed Shaikh, International Health Ecnomics Association Conference, Boston

  • Anna-Theresa Renner, Winter Seminar of the German Speaking Section of the European Regional Science Association in Spital am Pyhrn, February 2017

  • Anna-Theresa Renner, International Health Policy Conference at the London School of Economics, London, February 2017

  • Daniela Weber, 6. Berliner Demografie-Forum, Berlin, February 2017

  • Mujaheed Shaikh, Australian Health Economics Society Conference 2016, Perth, September 2016

  • Mujaheed Shaikh, Strategic Management Society Conference 2016, Berlin, September 2016