Article Abstract:
Research carried out for health care program evaluations is presented. Under expected utility the representation of the individual preferences over lotteries on health profiles can be either, be a multiplicative utility function when mutual utility is claimed, and an additive one when it is additive independence claimed. When utility independence is introduced with respect to the initial health states of an individual decision maker, initial independence, a semi-separable utility function is derived which can be assessed by a standard gamble procedure.
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Article Abstract:
A longitudinal study on women suffering from breast cancer is presented. Women who were diagnosed of the cancer were less likely to work for six months following the diagnosis as compared to the control group. Breast cancer's non-employment rate seems be present more in case of African American women.
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Article Abstract:
Michael Grossman's design is followed extensively to study the theory of health human capital. Importance is given to health. Solutions and suggestions to the issues affecting health are presented.
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