Bolin, Kristian; Liljas, Bengt; Lindgren, Björn - Nationalekonomiska institutionen, Handelshögskolan - 2014
People differ in their ability to produce health investments and in their capacity to benefit from such efforts. In this paper, we assume (1) that the individual’s health-investment production function exhibits diminishing returns to scale and (2) that the individual’s capacity to benefit...
