On the Dynamics of Health Capital Accumulation  

Oleh:

McCarthy, Robert

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: Social Science & Medicine (www.elsevier.com/locate/sosscimed) vol. 63 no. 3 (Aug. 2006), page 817-828.
Topik: health; hysteresis; personal health; health capital; motivation; real options

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: SS53.5 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

This paper presents a key model from the economics literature that has been adjusted and reinterpreted as a simple, formal, quantitative tool for formalising the inputs and outputs involves in personal health regimes undertaken to accumulate grossman's health capital. Implications of the fit with commensical clinical results. We find that higher variance of previous health capital increases leads to higher good health needed before health regimes are undertaken permanently. Conversely, the higher the target amount of health capital, the lower the health capital trigger level for instigating the regime. Indeed we find that the higher an individuals motivation is, as measured by a personal discount rate, the lower this personal trigger health capital level is. It is theorised that such a model can be used as a clinical application, whereby a patient's personal health history can generate the motivation and instigate health capital levels in a quantitative, as opposed to qualitative manner. Further implications are discussed.

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