Narrow search
Showing 1 - 10 of 195
Cover Image
Is there a Daily Discount Rate? Evidence from the Food Stamp Nutrition Cycle
Shapiro, Jesse M. - EconWPA - 2003
A central prediction of the quasi-hyperbolic model of time preference is that consumers will be impatient over short-run tradeoffs. I present the first nonlaboratory test of this implication using data on the nutritional intake of food stamp recipients. Caloric intake declines by 10 to 15...
Persistent link: https://www.econbiz.de/10005561782
Cover Image
An Economic Model of Youth Smoking: Tax and Welfare Effects
Suranovic, Steven M. - EconWPA - 2005
This paper presents a model of smoking choice in which rationality is bounded by limitations in intertemporal computational abilities. The model is applied to the youth decision to initiate smoking. Lifetime smoking paths of representative smokers indicate that youths may experience a reduction...
Persistent link: https://www.econbiz.de/10005134613
Cover Image
Discount factors ex post and ex ante, and discounted utility anomalies
Boyarchenko, Svetlana; Levendorskii, Sergei - EconWPA - 2005
, waiting is valuable because uncertainty is revealed over time. The fair price (or compensation) that the individual agrees to … depend on the utility function and underlying uncertainty. After the decision of exchange had been made, valuation ex post … discount factors assuming different utility functions and models of uncertainty, and demonstrate that our explanation of …
Persistent link: https://www.econbiz.de/10005135039
Cover Image
A theory of endogenous time preference, and discounted utility anomalies
Boyarchenko, Svetlana; Levendorskii, Sergei - EconWPA - 2005
function and underlying uncertainty. We provide analytic expressions and numerical examples for discount factors assuming … simple utility functions and gaussian uncertainty. …
Persistent link: https://www.econbiz.de/10005135046
Cover Image
Happiness Maintenance and Asset Prices
Falato, Antonio - EconWPA - 2003
This paper explores the implications of investors’ everyday mild feelings for aggregate asset returns. To this end, it introduces a novel class of state dependent preferences - happiness maintenance preferences - into the standard Mehra and Prescott (1985) economy by allowing investors’...
Persistent link: https://www.econbiz.de/10005077033
Cover Image
MODELLING THE HEALTH SECTOR POLICY REFORMS FOR NIGERIA:A PHASED PROJECT STUDY
NWAOBI, DR. GODWIN CHUKWUDUM - EconWPA - 2005
Good health is a crucial part of well-being but spending on health can be justified on economic grounds. The goal of reducing poverty provides a different but equally powerful case for health investments. However, if policymakers are to accelerate the substantial health gains of recent decades,...
Persistent link: https://www.econbiz.de/10005556956
Cover Image
Demand for and Regulation of Cardiac Services
Trogdon, Justin G. - EconWPA - 2005
Efforts to regionalize cardiac services can increase access costs for patients. This study quantifies this trade off by estimating the effects of changes in the regulation of hospital services on treatments and outcomes. A demand model for surgery services is specified in which heart attack...
Persistent link: https://www.econbiz.de/10005134595
Cover Image
The Qualitative Performance of the French Health Care System Evolutions compared to Europe since 1970
D'INTIGNANO, Beatrice MAJNONI; ULMANN, Philippe - EconWPA - 2003
To judge a health care system, it is necessary to analyse its results in terms of health and to bring them back to its economic effectiveness. Health outcomes can be evaluated in several ways but none of them is really representative. To locate the performance in terms of health for the French...
Persistent link: https://www.econbiz.de/10005076923
Cover Image
Health Economics : some stylized facts
ULMANN, Philippe - EconWPA - 2003
The study of the stylized facts of economic growth has allowed an advance of this field of economic analysis in its empirical and theorical works. Today, Health Economics is faced with new requirements of society, i.e. better care at a sustainable cost. Furthermore, since the problems linked...
Persistent link: https://www.econbiz.de/10005076927
Cover Image
Economic Costs of Diabetes in the U.S. in 2002
Dall, Tim; Nikolov, Plamen; Hogan, Paul - EconWPA - 2003
The study highlights the large and rising cost of the disease: an estimated $132 billion, or approximately $92 billion in direct healthcare expenditures and $40 billion in lost productivity attributed to missed workdays, disability, and early mortality. After adjusting for differences in...
Persistent link: https://www.econbiz.de/10005076931