This paper investigates the role of biased health perceptions as driving forces of risky health behavior. We define absolute and relative health perception biases, illustrate their measurement in surveys and provide evidence on their relevance. Next, we decompose the theoretical effect into its...

The main challenge in studying inequality is limited data availability, which is particularly problematic in developing countries. This study constructs a measure of light-based geospatial income inequality (LGII) for 234 countries and territories from 1992 to 2013 using satellite data on...