CH 8 - Health and nutrition Flashcards
Investment in _______ is far lower than in _________ in developing countries
Preventative, curative
What are private benefits from investment in health?
NPV of increased earnings due to higher productivity, longer lifetime and higher quality of material life
What are private costs of investment in health?
Out of pocket spending, abstaining from enjoyable yet damaging habits and the time spent visiting doctors
What affects the demand for health?
Externalities from improved health, imperfect info, credit constraints, poor practices, behavioral biases
What are some ways of overcoming the low take up of preventative health services?
Subsidies, immunization camps, offering incentives, educating people to reduce info asymmetries, free distribution
How do you improve performance in health provision?
Health worker incentives, community based monitoring
Describe the unitary model of decision making
We think of a household as a unit of analysis and ignore intra-household allocation of resources
Describe the non unitary model of the household
Views distribution of resources as a bargaining process, whereby the share of each member depends on their bargaining power. Earners have higher bargaining power