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Individuals as Producers of Their Health

In: Health Economics

Author

Listed:
  • Peter Zweifel

    (University of Zurich)

  • Friedrich Breyer

    (University of Konstanz)

  • Mathias Kifmann

    (University of Augsburg)

Abstract

“Health is not everything in life, but without health, life is nothing”. This proverb points to the dual property of health. (1) Health is a highly valued asset. Sometimes it is even claimed that health is the only thing which counts in life. The first part of the proverb reminds us that other values and goals do exist in life, yet, compared with health, they rank lower on the preference scale of most people. While this priority of health is accepted as a fact in the following section, it does not rule out that health risks (i.e., an increased probability of poor health) are taken in order to achieve other goals.

Suggested Citation

  • Peter Zweifel & Friedrich Breyer & Mathias Kifmann, 2009. "Individuals as Producers of Their Health," Springer Books, in: Health Economics, chapter 3, pages 75-118, Springer.
    • Handle: RePEc:spr:sprchp:978-3-540-68540-1_3
    DOI: 10.1007/978-3-540-68540-1_3
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    Cited by:

    1. Chauvin Pauline & Chopard Bertrand & Tabo Augustin, 2020. "The Role of Optimism and Pessimism in the Substitution Between Primary and Secondary Health Prevention Efforts," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 20(1), pages 1-6, January.

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