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Becker-Murphy model of rational addiction and the Grossman model of health investment. We define an individual's lifetime … smoking consumption pattern and investments in health capital as simultaneous choices within a single optimisation problem … allowing for the presence of an addiction stock and investments in preventive medical care. The resulting system of first …
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among Canadian seniors using the 1986 and 1991 Health and Activity Limitation Surveys (HALS), two nation-wide surveys …
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It has been well established that increasing age is associated with worsening health and decreasing functional ability among seniors, including conditions that lead to hearing and seeing impairments. The development of such sensory impairments can lead to a reduced quality of life by interfering...
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model where individuals, with and without pain, choose whether to misuse opioids knowing the probabilities of addiction and …-college educated that summarize the transitions into and out of opioid addiction as well as to a deadly overdose. We construct a …
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