| 来源类型 | Working Paper
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| 规范类型 | 报告
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| DOI | 10.3386/w17789
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| 来源ID | Working Paper 17789
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| The Double Facetted Nature of Health Investments - Implications for Equilibrium and Stability in a Demand-for-Health Framework |
| Kristian Bolin; Bjorn Lindgren
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| 发表日期 | 2012-01-26
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| 出版年 | 2012
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| 语种 | 英语
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| 摘要 | A number of behaviours influence health in a non-monotonic way. Physical activity and alcohol consumption, for instance, may be beneficial to one's health in moderate but detrimental in large quantities. We develop a demand-for-health framework that incorporates the feature of a physiologically optimal level. An individual may still choose a physiologically non-optimal level, because of the trade-off in his or her preferences for health versus other utility-affecting commodities. However, any deviation from the physiologically optimal level will be punished with respect to health. A set of steady-state comparative statics is derived regarding the effects on the demand for health and health-related behaviour, indicating that individuals react differently to exogenous changes, depending on the amount of the health-related behaviour they demand. We also show (a) that a steady-state equilibrium is a saddle-point and (b) that the physiologically optimal level may be a steady-state equilibrium for the individual. Our analysis suggests that general public-health policies may, to some extent, be counterproductive due to the responses induced in part of the population. |
| 主题 | Health, Education, and Welfare
; Health
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| URL | https://www.nber.org/papers/w17789
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| 来源智库 | National Bureau of Economic Research (United States)
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| 引用统计 |
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/575464
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推荐引用方式
GB/T 7714 |
Kristian Bolin,Bjorn Lindgren. The Double Facetted Nature of Health Investments - Implications for Equilibrium and Stability in a Demand-for-Health Framework. 2012.
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文件名：
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w17789.pdf
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格式：
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Adobe PDF
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