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children and type and intensity of investments in their own education. The interplay between different dimensions of mortality …
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In a recent paper, Pratt and Zeckhauser (JPE, 1996) discuss the measure of individuals' willingness to pay (WTP) for the reduction of risks to their lives which should be used for public decisions on risk-reducing projects. They suggest to correct observed WTP for the "dead-anyway" effect, which...
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In this paper we present a theory of health investment when there are multiple causes of death. Since there are several …
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This paper provides a unified theory of the economic and demographic transition. Individuals make optimal decisions … decisions are affected by different dimensions of mortality and technological progress which change endogenously during the … formation, little longevity, high child mortality, large fertility and a sluggish income and productivity growth to a modern …
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