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that have been distinguished by Zweifel, Felder and Meier (1999), viz. the cost of morbidity and the cost of mortality … (their "red herring" hypothesis claims that neglecting the mortality component results in excessive estimates of future …
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mortality. The economy consists of two sectors: final goods production and a health care sector, selling medical services to … individuals. Individuals demand health care with a view to lowering mortality over their life-cycle. We derive the age …
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mortality. The economy consists of two sectors: final goods production and a health care sector, selling medical services to … individuals. Individuals demand health care with a view to lowering mortality over their life-cycle. We derive the age …
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