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A lifetime portfolio of risky and risk-free sexual behaviour and the prevalence of AIDS

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  • Levy, Amnon

Abstract

A lifetime portfolio of risky and risk-free sexual activities is conceptually constructed in this paper. People's time allocation between risky and risk-free sexual activities affects, and is affected by, the prevalence of AIDS. A small satisfaction differential between risky sex and risk-free sex can lead to a significant prevalence of AIDS. Numerical simulations suggest that the reduction in the prevalence of AIDS generated by a one percent improvement in the sensual quality of freely distributed condoms can be 0.855 percent when the initial satisfaction differential between risky sex and risk-free sex is 50 percent, or 0.464 percent when the initial satisfaction differential is 100 percent.
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  • Levy, Amnon, 2002. "A lifetime portfolio of risky and risk-free sexual behaviour and the prevalence of AIDS," Journal of Health Economics, Elsevier, vol. 21(6), pages 993-1007, November.
    • Handle: RePEc:eee:jhecon:v:21:y:2002:i:6:p:993-1007
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    1. Thompson, Velma Montoya, 1989. "AIDS Testing: An Economic Assessment of Evolving Public Policy," Economic Inquiry, Western Economic Association International, vol. 27(2), pages 259-269, April.
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    Citations

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    Cited by:

    1. Chris Papageorgiou & Petia Stoytcheva, 2005. "What Do We Know About the Impact of AIDS on Cross-Country Income So Far?," Departmental Working Papers 2005-01, Department of Economics, Louisiana State University.
    2. Levy, Amnon, 2007. "A theoretical analysis of rational diet of healthy and junk foods," Economics Working Papers wp07-01, School of Economics, University of Wollongong, NSW, Australia.
    3. Levy, Amnon, 2003. "A Theory of LTR Junk-food Consumption," Economics Working Papers wp03-06, School of Economics, University of Wollongong, NSW, Australia.
    4. Levy, Amnon, 2005. "Health-Risking Informal Service: Price, Prevalence and Law Enforcement," Economics Working Papers wp05-13, School of Economics, University of Wollongong, NSW, Australia.
    5. Caputo, Michael R. & Levy, Amnon, 2012. "A theory of mood-influenced consumption and investment in health," Mathematical Social Sciences, Elsevier, vol. 63(3), pages 218-227.
    6. Levy, Amnon, 2002. "A Theory of Rational Junk-Food Consumption," Economics Working Papers wp02-11, School of Economics, University of Wollongong, NSW, Australia.
    7. Amnon Levy, 2011. "Physiological, Gastronomic and Budgetary Aspects and the Diets of Perfectly and Imperfectly Lifetime-Rational Consumers," Economics Working Papers wp11-13, School of Economics, University of Wollongong, NSW, Australia.
    8. Mario Andres Fernandez & Douglas Shaw, 2013. "Willingness to pay for intervention policies related to HIV/AIDS: a theoretical framework with endogenous risk, perceived effectiveness and altruism," Economics Bulletin, AccessEcon, vol. 33(2), pages 1457-1467.
    9. Levy, Amnon, 2003. "Environmental Hazard and Residential Value, Location and Dispersion," Economics Working Papers wp03-16, School of Economics, University of Wollongong, NSW, Australia.
    10. Levy, Amnon, 2007. "A Mean-Variance Portfolio Analysis of the Demand and Supply of a Potentially Infectious Service," Economics Working Papers wp07-02, School of Economics, University of Wollongong, NSW, Australia.
    11. Levy, Amnon, 2006. "Junk Food, Health and Productivity: Taste, Price, Risk and Rationality," Economics Working Papers wp06-22, School of Economics, University of Wollongong, NSW, Australia.

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    More about this item

    JEL classification:

    • I19 - Health, Education, and Welfare - - Health - - - Other
    • J17 - Labor and Demographic Economics - - Demographic Economics - - - Value of Life; Foregone Income
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making

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