Uncertainty and health care spending by the poor: the health capital model revisited.


This short theoretical paper examines health care utilization by the poor in the context of Grossman's (1972) health capital model. Earlier work has shown that uncertainty can reduce the attractiveness to the poor of health capital investments. This paper demonstrates that uncertainty can also have precisely the opposite effect. That is, while there may be… (More)



Citations per Year

Citation Velocity: 5

Averaging 5 citations per year over the last 3 years.

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