We quantify the importance of idiosyncratic health risk in a calibrated general-equilibrium model ofSocial Security. We construct an overlapping-generations model with rational-expectations households,idiosyncratic labor income and health risk, profit-maximizing firms, incomplete insurance...

Alcohol policies have significant potential to curb alcohol-related harms, improve health, increase productivity, reduce crime and violence, and cut government expenditure. The WHO Global Strategy to reduce the harmful use of alcohol provides a menu of policy options based on international...

Childhood obesity is a significant public health problem that also has economic consequences. Medical research suggests that nutritional interventions at a young age can influence nutritional behavior and reduce childhood obesity. This paper estimates the impact of one such intervention - Head...

We develop a method to estimate domain-specific risk. We apply the method to sickness insurance by fitting a utility function at the individual level, using European survey data on life satisfaction. Three results stand out. First, relative risk aversion increases with income. Second, marginal...

We develop a model to estimate the influence of child and parental characteristics on the likelihood that a child will become an obese or overweight youth. We use this model to test whether it is possible to forecast obesity and overweight among youth. Comparing Receiver Operating Characteristic...

Wildfires, suspended soil and other particulates, and industrial emissions combine to raise the urgency of air quality as a planetary threat. This paper introduces Prometheus, a proactive decision-making framework for managing environmental and health risks associated with air pollution and...