GalleryIt has become increasingly salient that publicly funded health care providers such as hospital are sensitive to incentives. There is increasing evidence that competition between health care providers produces efficiency and quality improvements (Gaynor and Propper, 2010), even when in some countries it has not produced the expected outcomes (Gobillon and Milcent, 2017). However, when health care providers compete […]
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GalleryThe 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 […]
GalleryWe 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 […]
GalleryBehavioral 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 […]
GallerySleep 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 […]