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constructed where individuals choose whether to use opioids recreationally, knowing the probabilities of addiction and dying …There have been more than 500,000 opioid overdose deaths since 2000. To analyze the opioid epidemic, a model is …-college educated that summarize the transitions into and out of opioid addiction as well as to a deadly overdose. The structural model …
Persistent link: https://www.econbiz.de/10013426423
model where individuals, with and without pain, choose whether to misuse opioids knowing the probabilities of addiction and …There have been more than 500,000 opioid overdose deaths since 2000. To analyze the opioid epidemic, we construct a …-college educated that summarize the transitions into and out of opioid addiction as well as to a deadly overdose. We construct a …
Persistent link: https://www.econbiz.de/10014278374
We analyze the effect of economic conditions early in life on individual mortality rate later in life, using business … indicators. We correct for secular changes over time and other mortality determinants. We nonparametrically compare those born in … a recession to those born in the preceding boom, and we estimate duration models where the individual's mortality rate …
Persistent link: https://www.econbiz.de/10010324766
community in which individuals are heterogenous with respect to the experience of chronic pain and susceptibility to addiction … model consider the recreational use of prescription OPRs and an interaction between income, pain, and addiction. … and live through two periods. In the first period they consider whether to treat pain with opioid pain relievers (OPRs …
Persistent link: https://www.econbiz.de/10012008552
Neoclassical economic theory rules out systematic errors in consumption choice. According to the basic view, individuals know what they choose. They are able to predict how much utility an activity or a good produces for them now and in the future and they can maximize their utility. This...
Persistent link: https://www.econbiz.de/10010267422
faster and mortality risk rises. I calibrate the model to a reference American with bmi 28. Due to weight loss addiction, the …In this paper, I combine economic theories of health behavior and addiction in order to explain the phenomenon of … successful in weight control and prone to addiction. Addiction to weight control motivates anorexic individuals to perpetually …
Persistent link: https://www.econbiz.de/10012616905
contingent valuation surveys that elicit the willingness to pay (WTP) for mortality risk reductions. We examine the importance of …
Persistent link: https://www.econbiz.de/10011325006
opponents claiming it may lead to new substance abuse. This paper builds on theories of addiction to model the introduction of a …
Persistent link: https://www.econbiz.de/10014468652
In this paper I unify the economic theories of addiction and health deficit accumulation and develop a life cycle … longevity. I distinguish two types of addiction: perfect and common. Individuals with perfect addiction perfectly control their … addiction. Individuals with common addiction, though otherwise rational and forward looking, fail to fully understand how their …
Persistent link: https://www.econbiz.de/10011674306
accumulation with the theory of addiction. Chronic pain is conceptualized as a persistent negative shock to lifetime utility that … can be treated by pain relief medication. Individuals treated with opioid pain relievers (OPR) develop addiction, which … calibrate the model for a benchmark American and investigate the comparative dynamics of alternative drug characteristics, pain …
Persistent link: https://www.econbiz.de/10012000251