1. A STOCK APPROACH TO THE DEMAND FOR HEALTH

Chapters in this book

1. Frontmatter i
2. CONTENTS vii
3. TABLES ix
4. FOREWORD TO THE 2017 EDITION xi
5. FOREWORD TO THE 1972 EDITION xxvii
6. ACKNOWLEDGMENTS xxxi
7. INTRODUCTION AND SUMMARY xxxiii
8. 1. A STOCK APPROACH TO THE DEMAND FOR HEALTH 1
9. 2. THE SHADOW PRICE OF HEALTH 13
10. 3. THE PURE CONSUMPTION MODEL 37
11. 4. AN EMPIRICAL FORMULATION OF THE MODEL 47
12. 5. EMPIRICAL RESULTS: THE NORC SAMPLE 69
13. 6. JOINT PRODUCTION AND THE MORTALITY DATA 93
14. APPENDIX A. UTILITY MAXIMIZATIONS 105
15. APPENDIX B. DERIVATION OF INVESTMENT MODEL FORMULAS 109
16. APPENDIX C. DERIVATION OF CONSUMPTION MODEL FORMULAS 119
17. APPENDIX D. STATISTICAL PROPERTIES OF THE MODEL 125
18. APPENDIX E. ADDITIONAL EMPIRICAL RESULTS 133
19. APPENDIX F. SOURCES AND METHODS: MORTALITY ANALYSIS 143
20. NOTES 147
21. INDEX 169