| Literature DB >> 10263949 |
Abstract
The demand for health and medical care is analysed within a generalised Grossman-type health investment model. Its underlying assumptions are shown to differ from those employed earlier in a manner which avoids some of the criticisms levelled at Grossman's model. The comparative static predictions of the generalised model are examined; and it is demonstrated that most previous health investment models are derivable from it. Also, the present model is applicable to a new, wider range of problems thus increasing the scope of economic explanations of health behaviour.Mesh:
Year: 1982 PMID: 10263949 DOI: 10.1016/0167-6296(82)90019-4
Source DB: PubMed Journal: J Health Econ ISSN: 0167-6296 Impact factor: 3.883