Optimal choice on prevention and cure: a new economic analysis

Mario Menegatti

The European Journal of Health Economics, 2014, vol. 15, issue 4, 363-372

Abstract: 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

Keywords: Prevention; Cure; Health risk; Two-argument utility; I10; D81 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (18)

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Persistent link: https://EconPapers.repec.org/RePEc:spr:eujhec:v:15:y:2014:i:4:p:363-372

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DOI: 10.1007/s10198-013-0479-y

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