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We present a dynamic life-cycle model of women's labor supply, marriage, and fertility choices that explicitly incorporates mental and physical health. Correlated mental and physical health production functions are simultaneously estimated, including the endogenous decisions to seek...
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). The objective of this paper is to examine this possibility in the context of a utility-maximizing model of smoking that is … ingredient in smoking behaviour, this paper is the first to incorporate such knowledge into a utility-price based maximizing …
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This paper analyzes the welfare effects of a public smoking ban in bars. We construct a model that captures crucial … features of bar life: competing bars, social interaction, and heterogenous preferences for a smoking ban. Smokers and non … the smoking regime strategically. Since the (dis)utility from smoking and social interaction are substitutes, the smoking …
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