The self-employed are often reported to be healthier than wage workers; however, the cause of this health difference is … largely unknown. The longitudinal nature of the US Health and Retirement Study allows us to gauge the plausibility of two … competing explanations for this difference: a contextual, causal effect of self-employment on health (benefit effect), or a …

informal caregiving are borne by the caregiver and may consist of worse health outcomes and, if the caregiver has not retired …, worse labor market outcomes. We estimate the impact of providing informal care to one’s partner on the caregiver's health … using data from the Survey of Health, Ageing and Retirement in Europe (SHARE). We exploit the panel structure of the data …

We propose a utility representation for preferences over risky timed outcomes, the weighted temporal utility model. It … makers evaluate an outcome according to the extra utility it generates on top of expected baseline consumption, which can be … need not be irrational. Moreover, a decision maker with a weighted temporal utility function can have time-consistent yet …

utility. Using the fact that networks form a special class of cooperative TU-games, we provide a foundation for the degree … measure as a von Neumann-Morgenstern expected utility function reflecting preferences over being in different positions in … represented by a utility function that is a multiple of the degree centrality measure. We show this in three steps. First, we …

Given the possibility to modify the probability of a loss, will a profit-maximizing insurer engage in loss prevention … expected profit maximizing loss probability within an expected utility framework. We then use Köszegi and Rabin's (2006, 2007 … engage in loss prevention activities, this to the benefit of consumers. Our results show that one should be cautious in doing …

from mental health issues. This paper studies the labor market and mental health effects of an activation program targeting …-in-differences design. We find that the activation program hardly affects labor market outcomes. However, for those on mental health … medication prior to the start of the program, the use of mental health medication substantially drops in the years following the …

consumption insurance. Based on insights from a theoretical model, we propose a new test to detect advance information, which … to a significant overestimation of consumption insurance and even more so at the bottom of the wealth distribution. …

Neumann-Morgenstern expected utility functions using cooperative game theory. The social network literature studies various … measures can be supported as von Neumann-Morgenstern expected utility functions, reflecting preferences over different network … cooperative TU-games to give a utility foundation of a class of TU-game solutions containing the Shapley value. …