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Non-monotonic health behaviours – implications for individual health-related behaviour in a demand-for-health framework

Bolin, Kristian and Lindgren, Björn LU (2016) In Journal of Health Economics 50. p.9-26
Abstract

A number of behaviours influence health in a non-monotonic way. Physical activity and alcohol consumption, for instance, may be beneficial to one's health in moderate but detrimental in large quantities. We develop a demand-for-health framework that incorporates the feature of a physiologically optimal level. An individual may still choose a physiologically non-optimal level, because of the trade-off in his or her preferences for health versus other utility-affecting commodities. However, any deviation above or below the physiologically optimal level will be punished with respect to health. Distinguishing between two individual types we study (a) the qualitative properties of optimal time-paths of health capital and health-related... (More)

A number of behaviours influence health in a non-monotonic way. Physical activity and alcohol consumption, for instance, may be beneficial to one's health in moderate but detrimental in large quantities. We develop a demand-for-health framework that incorporates the feature of a physiologically optimal level. An individual may still choose a physiologically non-optimal level, because of the trade-off in his or her preferences for health versus other utility-affecting commodities. However, any deviation above or below the physiologically optimal level will be punished with respect to health. Distinguishing between two individual types we study (a) the qualitative properties of optimal time-paths of health capital and health-related behaviour, (b) the perturbations of the optimal time-paths that result from changes in exogenous parameters, and (c) steady state properties. Predictions of the model and the implications for empirical analysis are discussed at length. Some comments on potential future extensions conclude the paper.

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author
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
Grossman model, Health, Human capital, Non-monotonic health investments, Steady-state and stable equilibria
in
Journal of Health Economics
volume
50
pages
18 pages
publisher
Elsevier
external identifiers
  • scopus:84988024242
  • wos:000390500800002
ISSN
0167-6296
DOI
10.1016/j.jhealeco.2016.08.003
language
English
LU publication?
yes
id
6d443cce-fb78-4084-973a-1fe988a01b4f
date added to LUP
2016-10-03 12:26:07
date last changed
2017-09-18 11:30:26
@article{6d443cce-fb78-4084-973a-1fe988a01b4f,
  abstract     = {<p>A number of behaviours influence health in a non-monotonic way. Physical activity and alcohol consumption, for instance, may be beneficial to one's health in moderate but detrimental in large quantities. We develop a demand-for-health framework that incorporates the feature of a physiologically optimal level. An individual may still choose a physiologically non-optimal level, because of the trade-off in his or her preferences for health versus other utility-affecting commodities. However, any deviation above or below the physiologically optimal level will be punished with respect to health. Distinguishing between two individual types we study (a) the qualitative properties of optimal time-paths of health capital and health-related behaviour, (b) the perturbations of the optimal time-paths that result from changes in exogenous parameters, and (c) steady state properties. Predictions of the model and the implications for empirical analysis are discussed at length. Some comments on potential future extensions conclude the paper.</p>},
  author       = {Bolin, Kristian and Lindgren, Björn},
  issn         = {0167-6296},
  keyword      = {Grossman model,Health,Human capital,Non-monotonic health investments,Steady-state and stable equilibria},
  language     = {eng},
  month        = {12},
  pages        = {9--26},
  publisher    = {Elsevier},
  series       = {Journal of Health Economics},
  title        = {Non-monotonic health behaviours – implications for individual health-related behaviour in a demand-for-health framework},
  url          = {http://dx.doi.org/10.1016/j.jhealeco.2016.08.003},
  volume       = {50},
  year         = {2016},
}