In this paper, I combine economic theories of health behavior and addiction in order to explain the phenomenon of … anorexia nervosa and its impact on health and longevity. Individuals consume normal goods and foods and can work off excess … calories with physical exercise. There exists a healthy body mass index and deviations from it increasingly cause health …

This paper provides a closed-form solution for the health capital model of health demand. The results are exploited in … model, the pure consumption model and a combination of both types of models. Given the plausible assumptions that (i) health … declines with age and that (ii) the health capital stock at death is lower than the health capital stock needed for eternal …

health behavior. For that purpose we set up a physiologically founded model of health deficit accumulation and calibrate it … using recent insights from gerontology. From fitting life cycle health expenditure and life expectancy we obtain estimates …

Aging humans adapt to their worsening state of health and old people are usually happier than estimated by young … individuals. In this paper we investigate how adaptation to a deteriorating state of health affects health spending, life … adaptation generally increases the value of life (by about 2 to 5 percent), its impact on health behavior and longevity depends …

biologically-founded life-cycle model of health deficit accumulation and endogenous longevity. We calibrate the model with U …

making of a couple into a biologically founded life-cycle model of health deficit accumulation and endogenous longevity. We …

In this paper, I introduce depression to the economics of human health and aging. Based on studies from happiness … fundamentals. The model is used to explain how untreated depression leads to unhealthy behavior and adverse health outcomes …: depressed individuals are predicted to save less, invest less in their health, consume more unhealthy goods, and exercise less …

In this paper I unify the economic theories of addiction and health deficit accumulation and develop a life cycle … theory in which individuals take into account the fact that the consumption of addictive goods reduces their health and …

In this paper, I propose a life cycle model of occupational choice with endogenous health behavior, aging, and … longevity. Health-demanding work leads to a faster accumulation of health deficits and is remunerated with a hazard markup on … wages. Health deficit accumulation is also influenced by unhealthy consumption and health care expenditure. I calibrate the …