Showing 1 - 10 of 18,840
This paper presents a model of consumption and household production that takes into account substitution between health … related to marriage markets that could help explain consumption, including demand for medical care and good nutrition. These …
Persistent link: https://www.econbiz.de/10014285886
In this paper we look at the relationship between health and income as mediated by "lifestyle" choices; that is, a set … of behaviours which are thought to influence health and are generally considered to invoke a substantial degree of free … choice. The main underlying assumption is that individuals are co-producers of their own health. We first present a …
Persistent link: https://www.econbiz.de/10011308440
Sleep is a source of energy. This energy is available in limited quantity and individuals must decide when it should be renewed and when it should be consumed. The economics of sleeping and the economics of resource extraction are one and the same. More specifically, utility maximization with...
Persistent link: https://www.econbiz.de/10014306470
In order to explain the substantial recent increases in obesity rates in the United States, we consider the effect of falling food prices in the context of a model involving endogenous body weight norms and an explicit, empirically grounded description of human metabolism. Unlike previous...
Persistent link: https://www.econbiz.de/10003713586
weight and obesity rates. We first introduce the concept of novelty consumption, which refers to an increase in food … availability due to trade or innovation. Then we study how novel food products alter the optimal consumption bundle and welfare … experiment of economic development. Our data elicit detailed information on East Germans' food consumption, body mass, and diet …
Persistent link: https://www.econbiz.de/10010510027
theory in which individuals take into account the fact that the consumption of addictive goods reduces their health and …In this paper I unify the economic theories of addiction and health deficit accumulation and develop a life cycle … addiction develops. I argue that the life cycle consumption pattern predicted for common addiction is more suitable for …
Persistent link: https://www.econbiz.de/10012952264
detrimental behavioral responses. We explore this idea in the context of endogenous health and aging. We integrate physiological … state of health affects health spending, life expectancy, and the value of life. In counterfactual computational experiments … lifetime utility, health investments, and longevity. We then use the model to contribute to the literature on information …
Persistent link: https://www.econbiz.de/10012892063
thereby, in the context of health economics, not enough investment in health and too much indulgence of unhealthy consumption … health than they would if they had a constant rate of time preference. Using a calibrated life-cycle model of human aging, we … high weight in life time utility. In an extension we show that the introduction of health-dependent survival probability …
Persistent link: https://www.econbiz.de/10012929204
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 …
Persistent link: https://www.econbiz.de/10012615982
model with endogenous aging and longevity. Individuals can slow down aging and postpone death by health investments and by … reducing unhealthy consumption, conceptualized as smoking. We show that individuals continuously revise their original plans to … smoke less and invest more in their health. Consequently, they accumulate health deficits faster and die earlier than …
Persistent link: https://www.econbiz.de/10012064136