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Optimal taxation, prudence and risk-sharing

✍ Scribed by Hamish Low; Daniel Maldoom

Book ID
114095383
Publisher
Elsevier Science
Year
2004
Tongue
English
Weight
233 KB
Volume
88
Category
Article
ISSN
0047-2727

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## Abstract Empirical evidence suggests the existence of a positive relationship between fear of sickness (FS) – as measured by the level of future utility lost when sickness occurs – and the level of effort to prevent the occurrence of sickness. By looking theoretically at this issue, we develop n