Levy, Moshe; Nir, Adi Rizansky - In: Journal of Health Economics 31 (2012) 2, pp. 379-392
Tradeoffs between health and wealth are among the most important decisions individuals make, and are central to social … and economic policy. Yet, only a few studies have investigated the utility of health and wealth empirically. This paper …)=h·log(w), where h denotes health and w denotes wealth. …