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lifetime utility, health investments, and longevity. We then use the model to contribute to the literature on information …The anticipation of bad future events reduces currently experienced happiness and it may through this channel elicit … detrimental behavioral responses. We explore this idea in the context of endogenous health and aging. We integrate physiological …
Persistent link: https://www.econbiz.de/10011984408
lifetime utility, health investments, and longevity. We then use the model to contribute to the literature on information …The anticipation of bad future events reduces currently experienced happiness and it may through this channel elicit … detrimental behavioral responses. We explore this idea in the context of endogenous health and aging. We integrate physiological …
Persistent link: https://www.econbiz.de/10012265303
lifetime utility, health investments, and longevity. We then use the model to contribute to the literature on information …The anticipation of bad future events reduces currently experienced happiness and it may through this channel elicit … detrimental behavioral responses. We explore this idea in the context of endogenous health and aging. We integrate physiological …
Persistent link: https://www.econbiz.de/10011973847
lifetime utility, health investments, and longevity. We then use the model to contribute to the literature on information …The anticipation of bad future events reduces currently experienced happiness and it may through this channel elicit … detrimental behavioral responses. We explore this idea in the context of endogenous health and aging. We integrate physiological …
Persistent link: https://www.econbiz.de/10012892063
adaptation generally increases the value of life (by about 2 to 5 percent), its impact on health behavior and longevity depends …Aging humans adapt to their worsening state of health and old people are usually happier than estimated by young … individuals. In this paper we investigate how adaptation to a deteriorating state of health affects health spending, life …
Persistent link: https://www.econbiz.de/10011388100
adaptation generally increases the value of life (by about 2 to 5 percent), its impact on health behavior and longevity depends …Aging humans adapt to their worsening state of health and old people are usually happier than estimated by young … individuals. In this paper we investigate how adaptation to a deteriorating state of health affects health spending, life …
Persistent link: https://www.econbiz.de/10013011234
model with endogenous aging and longevity. Individuals can slow down aging and postpone death by health investments and by … smoke less and invest more in their health. Consequently, they accumulate health deficits faster and die earlier than … originally planned. This fundamental health consequence of time-inconsistency has not been addressed in the literature so far …
Persistent link: https://www.econbiz.de/10012064136
thereby, in the context of health economics, not enough investment in health and too much indulgence of unhealthy consumption …. Here, we challenge this view. We set up a life-cycle model of human aging and longevity in which individuals discount the … health than they would if they had a constant rate of time preference. Using a calibrated life-cycle model of human aging, we …
Persistent link: https://www.econbiz.de/10011576335
thereby, in the context of health economics, not enough investment in health and too much indulgence of unhealthy consumption …. Here, we challenge this view. We set up a life-cycle model of human aging and longevity in which individuals discount the … health than they would if they had a constant rate of time preference. Using a calibrated life-cycle model of human aging, we …
Persistent link: https://www.econbiz.de/10011782440
demand health care with a view to lowering mortality over their life-cycle. We characterise the individual optimum and the … general equilibrium of the economy and study the impact of improvements in the effectiveness of health care. We find that … general equilibrium effects dampen strongly the increase in health care usage following medical innovation. Moreover, an …
Persistent link: https://www.econbiz.de/10011781886