pecuniary externality. Accidental bequests improve consumption allocations by transferring capital mostly to young people rather … the rational competitive equilibrium where they annuitize, there will exist a consumption/investment rule involving … explanation for this behavior, policymakers should not take steps to encourage more annuitization by the public. consumption …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

In this paper I discuss overweight and obesity and their repercussions on health deficit accumulation and longevity in …-strives for immediate gratification through consumption of food and other goods. The long-run self reflects the consequences of … eating behavior on weight gain and health, exercises to lose weight, invests money to improve health and saves for health …

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 …