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The Covid-19 crisis reveals how much we value old age

The Covid-19 pandemic has hit the older population more than other age cohorts, as their weaker immune system makes it harder to fight diseases and infection. Although all age groups are at risk of contracting the virus, older people face significant risk of developing a severe illness. Of all coronavirus-related deaths so far, 95% occurred in those older than 60 […]

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    We only changed our behaviour when we saw Covid-19 at our doorstep

We only changed our behaviour when we saw Covid-19 at our doorstep

The new COVID-19 is an extremely contagious virus (having about three times the transmission rate of the flu), and its spread depends on social contact. For an individual living a normal life, the probability of infection is extremely high (as individuals exhibiting no symptoms tend to go untested). If a sizeable share of the population becomes infected, not only can it […]

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    Behavioral Economics and Healthy Behaviors: Key Concepts and Current Research – Book Review

Behavioral Economics and Healthy Behaviors: Key Concepts and Current Research – Book Review

Behavioral Economics and Healthy Behaviors: Key Concepts and Current Research. Yaniv Hanoch, Andrew J. Barnes and Thomas Rice (eds). Routledge. 2017.

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If there is an area where behavioural economics can have an impact on individual wellbeing, it is health. Traditional economic concepts – spanning from consumption and investment reasons for a ‘demand for health’, the assumption that […]

Sleep deprivation, even when moderate, hurts employment

Lack of sleep is responsible for human fatigue, and can undermine economic performance. Paradoxically, the extent to which sleep time is a productive activity, or not, has received very limited attention in economics research so far. Sleep is often overlooked in economic models despite its obvious restorative effects on human health alongside its influence on brain plasticity and feelings […]