This chapter summarizes the recent economic literature on health and long-term care as it relates to population aging. The profound demographic changes taking place in developed countries will require changes in how societies provide and pay for long-term care. Both the supply side and the...

We review the evidence on decision making in complex choice situations—i.e., situations where there are many alternatives and/or where attributes of alternatives are difficult to understand. We focus on choices about health insurance, health care, and retirement planning, all of which are very...