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Health dynamics, adaptation to illness and resource allocation

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  • Katharina Hauck
  • Bruce Hollingsworth

Abstract

The increased availability of panel data has made it possible to estimate and measure health dynamics for population subgroups who may have systematically different levels of dynamics. We use a straightforward hypothetical example to investigate the implications of different levels of health dynamics on health outcomes, considering in addition the effects of adaptation to illness over time. The results demonstrate implications for the assessment of health technologies.

Suggested Citation

  • Katharina Hauck & Bruce Hollingsworth, 2011. "Health dynamics, adaptation to illness and resource allocation," Applied Economics Letters, Taylor & Francis Journals, vol. 18(16), pages 1545-1548.
  • Handle: RePEc:taf:apeclt:v:18:y:2011:i:16:p:1545-1548
    DOI: 10.1080/13504851.2010.548776
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    Cited by:

    1. William H. Greene & Mark N. Harris & Bruce Hollingsworth, 2015. "Inflated Responses in Measures of Self-Assessed Health," American Journal of Health Economics, University of Chicago Press, vol. 1(4), pages 461-493, Fall.

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