household income, socio-demographic factors, and private health insurance factors in both Japan and the USA. Using these two … rises, households have a positive effect on purchasing health insurance as a normal good. Another similarity between the two … pure health issuance characteristics, an increase in premium of health insurance policies cause individuals to substitute …

This short essay reviews Gary Becker's contributions and influence in health economics. It was originally prepared for …

This paper uses a subjective wellbeing approach to study the role of household arrangements on the health satisfaction … of an individual. It also studies the impact of household arrangements on health satisfaction across different income … the family, implies that the within-the-household allocation of relevant health satisfaction resources leads towards an …

We present a generalized solution to Grossman's model of health capital (1972), relaxing the widely used assumption … that individuals can adjust their health stock instantaneously to an "optimalʺ level without adjustment costs. The Grossman … model then predicts the existence of a health threshold above which individuals do not demand medical care. Our generalized …

physical handicaps. The analysis is based on an individual self-rating health satisfaction question asked in the British … Household Panel Survey data set. This question provides a natural cardinalization of health utility .Our method is a refinement … of the method introduced by Cutler and Richardson (1997). We extend their approach in two directions. First, the health …

Economic evaluations of health care can help to make better medical decisions. Decisions about life and death. Our … reality. Prospect theory respects reality. Now, we have all the opportunity to reliably value health. And, these values can …

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 …

The positive cross-country correlation between health and economic growth is well-established, but the underlying … causality between health and economic growth is empirically challenging. Second, the relation between health and economic growth … changes over the process of economic development. Third, different dimensions of health (mortality vs. morbidity, children …