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 …

Equity in health has to be distinguished from equity in access to health care, or equity in the distribution of health … care resources. We take as a working definition of health for our purposes the number of quality adjusted life years that a … synonymous with reducing inequalities in health, we also consider the much richer variety of concepts employed by philosophers …

The authors 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 “optimal” level without adjustment costs. The … Grossman model then predicts the existence of a health threshold above which individuals do not demand medical care. Their …

consequences of health itself. They reveal a serious concern with real-world health problems in their investigation of such … sources for new bodies of data. As such, Economic Aspects of Health comprises a useful blend of relevance and r …