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detrimental behavioral responses. We explore this idea in the context of endogenous health and aging. We integrate physiological … aging into a life-cycle model, calibrate it with data from gerontology, and analyze how the anticipation of a deteriorating … lifetime utility, health investments, and longevity. We then use the model to contribute to the literature on information …
Persistent link: https://www.econbiz.de/10011973847
Persistent link: https://www.econbiz.de/10012129558
Using a representative sample of the German adult population, this paper investigates the extent to which a survey measure of present bias predicts present-biased choice behavior in incentive-compatible experiments and real-world outcomes related to in-vestments in financial assets and human...
Persistent link: https://www.econbiz.de/10011748463
Using a representative sample of the German adult population, this paper investigates the extent to which a survey measure of present bias predicts present-biased choice behavior in incentive-compatible experiments and real-world outcomes related to in-vestments in financial assets and human...
Persistent link: https://www.econbiz.de/10011747143
The thesis consists of an introductory part and four self-contained papers. Paper [I] theoretically analyzes how the level and uncertainty of future prospects affect incentives to abstain from sexual risk taking in the presence of HIV. The results suggest that, for individuals with limited...
Persistent link: https://www.econbiz.de/10010611654
Wealthier individuals engage in healthier behavior. This paper seeks to explain this phenomenon by developing a theory of health behavior, and exploiting both lottery winnings and inheritances to test the theory. We distinguish between the direct monetary cost and the indirect health cost (value...
Persistent link: https://www.econbiz.de/10010326446
Persistent link: https://www.econbiz.de/10009724801
Wealthier individuals engage in healthier behavior. This paper seeks to explain this phenomenon by exploiting both inheritances and lottery winnings to test a theory of health behavior. We distinguish between the direct monetary cost and the indirect health cost (value of health lost) of...
Persistent link: https://www.econbiz.de/10011116946
This discussion paper resulted in the publication 'Wealth and Health Behavior: Testing the Concept of a Health Cost' (2014). Volume 72, pages 197-220.<P> Wealthier individuals engage in healthier behavior. This paper seeks to explain this phenomenon by developing a theory of health behavior, and...</p>
Persistent link: https://www.econbiz.de/10011256703
influence their own length of life (endogenous longevity). Without the ability of individuals to influence their longevity, the …
Persistent link: https://www.econbiz.de/10013172987