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Optimal choice on prevention and cure: a new economic analysis

Listed author(s):
  • Mario Menegatti

    ()

This paper studies choices on prevention and cure in a context where an agent bears a health risk. In this framework we first analyze interdependence between the optimal levels of prevention and cure. Second, we study the effects on optimal choices of a change in the cost of one of the two instruments and we examine substitutability between them. Finally we present findings about the effects of a change either in the seriousness of the possible disease or in the efficiency of the medical treatment. Copyright Springer-Verlag Berlin Heidelberg 2014

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File URL: http://hdl.handle.net/10.1007/s10198-013-0479-y
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Article provided by Springer & Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ) in its journal The European Journal of Health Economics.

Volume (Year): 15 (2014)
Issue (Month): 4 (May)
Pages: 363-372

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Handle: RePEc:spr:eujhec:v:15:y:2014:i:4:p:363-372
DOI: 10.1007/s10198-013-0479-y
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Universität Duisburg-Essen, Fakultät für Wirtschaftswissenschaften, Lehrstuhl für Volkswirtschaftslehre, insbesondere Quantitative Wirtschaftspolitik, Weststadttürme Berliner Platz 6-8, 45127 Essen

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  16. Menegatti, Mario, 2001. "On the Conditions for Precautionary Saving," Journal of Economic Theory, Elsevier, vol. 98(1), pages 189-193, May.
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  19. Bleichrodt, Han & Quiggin, John, 1999. "Life-cycle preferences over consumption and health: when is cost-effectiveness analysis equivalent to cost-benefit analysis?," Journal of Health Economics, Elsevier, vol. 18(6), pages 681-708, December.
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  21. Christophe Courbage & Béatrice Rey, 2006. "Prudence and optimal prevention for health risks," Health Economics, John Wiley & Sons, Ltd., vol. 15(12), pages 1323-1327.
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