A behavioral note on the demand for health

Aida Isabel Tavares

MPRA Paper from University Library of Munich, Germany

Abstract: On this note we introduce some behavioral hypothesis on the static version of Grossman model on the demand for health. Three behavioral hypotheses are considered in the static version of Grossman model: the status, the social pressure and trust. We show that a preference for status and for social approval result in a higher optimal choice for health. The same cannot be concluded when considering the influence of trust. The variable trust has an ambiguous result on the optimal health decision of individuals.

Keywords: health demand; Grossman model; behavioral factors (search for similar items in EconPapers)
JEL-codes: D11 I10 (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:37691

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