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and patterns of inequalities in health outcomes. In this paper we present the results obtained from several dynamic … time comparable longterm trends in individual health status across OECD. The FEM is a multi-risk multi-morbidity dynamic … microsimulation model to project health status and health demand. Given the dynamic structure of the model, we allow individual health …
Persistent link: https://www.econbiz.de/10014089895
Persistent link: https://www.econbiz.de/10009757276
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
This paper examines the impact of participants' age distribution on the asset allocation of Dutch pension funds, using a unique data set of pension fund investment plans for 2007. Theory predicts a negative effect of age on (strategic) equity exposures. We observe that pension funds do indeed...
Persistent link: https://www.econbiz.de/10013134156
This paper examines the impact of participants' age distribution on the asset allocation of Dutch pension funds, using a unique data set of pension fund investment plans for 2007. Theory predicts a negative effect of age on (strategic) equity exposures. We observe that pension funds do indeed...
Persistent link: https://www.econbiz.de/10013134428
Analysis of an original nationwide Internet survey reveals that health-related behavior shows associations with three … are indicative of being a time-inconsistent procrastinator, and classified as sophisticated otherwise. The health …-related indicators that we examine relate to smoking, health condition, dentition status, and body habitus. We first show that a higher …
Persistent link: https://www.econbiz.de/10009791179
Traditionally, economic models have attributed procrastination to present bias. However, procrastination may also arise when individuals derive anticipatory utility from holding motivated, overly optimistic beliefs about the workload they need to complete. This study provides a rigorous...
Persistent link: https://www.econbiz.de/10014487122
Procrastination is often attributed to time-inconsistent preferences but may also arise when individuals derive anticipatory utility from holding optimistic beliefs about their future effort costs. This study provides a rigorous empirical test for this notion of ‘motivated procrastination’....
Persistent link: https://www.econbiz.de/10014517966
We present new evidence on the relationship between health behaviors and experimental measures of risk and time … preferences and introduce evidence that perceived control - a measure incorporated from the health psychology literature - is a … stronger and more consistent predictor of health behaviors than economic preferences. …
Persistent link: https://www.econbiz.de/10009681237
Revealed preference is the dominant approach for inferring preferences, but it relies on discrete, stochastic choices. The choice process also produces response times (RTs) which are continuous and can often be observed in the absence of informative choice outcomes. Moreover, there is a...
Persistent link: https://www.econbiz.de/10012901189