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survival depends on health capital produced from time investment and health goods. Higher fundamental inequality, working … inequality worsen because the poor have less capacity to respond. By diverting resources from health production, aspirations also … that inequality has a weaker effect on population health, explaining an empirical puzzle on the relative income and health …
Persistent link: https://www.econbiz.de/10011271680
Parties in a bargaining situation may perceive guilt, a utility loss caused by receiving the larger share that is modeled in some social preferences. I extend Rubinstein (1982)'s solution of the open-ended alternating-offer bargaining problem for self-interested bargainers to a game with equally...
Persistent link: https://www.econbiz.de/10011108407
Bargainers in an open-ended alternating-offer bargaining situation may perceive envy, a utility loss caused by receiving the smaller share that is modeled in some social preferences in addition to self-interest. I extend Rubinstein (1982)'s original solution of the bargaining problem for two...
Persistent link: https://www.econbiz.de/10011112839
In presence of inequality a status driven utility function reconciles the conflict between income based and nutrition …
Persistent link: https://www.econbiz.de/10008765909
effects, particularly in their interplay with income inequality. We identify a positive interaction of perceived social … mobility that mitigates the overall SWB lowering effect of income inequality. In contrast to expectations, a high degree of … actual social mobility yields an overall impact of income inequality that is SWB lowering, while for low social mobility the …
Persistent link: https://www.econbiz.de/10005109561
This paper examines the relationship between individuals' weight and their employment decisions over the life cycle. I estimate a dynamic stochastic model of individuals' annual joint decisions of occupation, hours worked, and schooling. The model allows body weight to affect non-monetary costs,...
Persistent link: https://www.econbiz.de/10011166044
Social health care systems are inevitably confronted with the scarcity of resources and the resulting distributional … by the type of financing health care is necessary to judge the public acceptance of a health system. In this study we … concentrate on two distributive issues in the German health system: First, we analyse the acceptance of prioritizing decisions …
Persistent link: https://www.econbiz.de/10011111920
problem for health policy. The dual burden of nutritional disorder of women in India is posing a serious challenge not only …. Third round of National Family Health Survey (NFHS-3, 2005-06) data, descriptive statistics such as mean and standard …
Persistent link: https://www.econbiz.de/10011260007
the total health care inequality is due to inequality of opportunity which lies in the range of [46.2%, 85 ….0%]. Furthermore, the main factors leading to the inequality of health care are the disparities of household register, region and out …-of-pocket which are belonged to circumstance. The first two have direct effect on the health care inequality, and the out …
Persistent link: https://www.econbiz.de/10011260094
I incorporate expectations-based reference-dependent preferences into a dynamic stochastic model to explain three major life-cycle consumption facts; the intuitions behind these three implications constitute novel connections between recent advances in behavioral economics and prominent ideas in...
Persistent link: https://www.econbiz.de/10011110628