Grossman model of health demand
GPTKB entity
Statements (23)
Predicate | Object |
---|---|
gptkbp:instanceOf |
gptkb:economic_policy
|
gptkbp:assumes |
health can be increased by investment
health depreciates over time health increases productivity health is both consumption and investment good health provides utility individuals invest in health individuals maximize lifetime utility |
gptkbp:basisFor |
subsequent health capital models
|
gptkbp:describes |
demand for health
|
gptkbp:field |
health economics
|
https://www.w3.org/2000/01/rdf-schema#label |
Grossman model of health demand
|
gptkbp:influenced |
health policy analysis
healthcare demand modeling |
gptkbp:introducedIn |
1972
|
gptkbp:investmentIncludes |
medical care
time spent on health-improving activities |
gptkbp:proposedBy |
gptkb:Michael_Grossman
|
gptkbp:publishedIn |
gptkb:Journal_of_Political_Economy
|
gptkbp:relatedTo |
human capital theory
|
gptkbp:treatsHealthAs |
capital good
|
gptkbp:bfsParent |
gptkb:Michael_Grossman
|
gptkbp:bfsLayer |
6
|