Disease Prevention, Health Care, and Economics

Hall, J

Disease Prevention, Health Care, and Economics

Hall, J

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Publication Type:: Chapter
Citation:: The Oxford Handbook of Health Economics, 2012
Issue Date:: 2012-09-18

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Field	Value	Language
dc.contributor.author	Hall, J https://orcid.org/0000-0002-2191-0543	en_US
dc.date.issued	2012-09-18	en_US
dc.identifier.citation	The Oxford Handbook of Health Economics, 2012	en_US
dc.identifier.isbn	9780199238828	en_US
dc.identifier.uri	http://hdl.handle.net/10453/14334
dc.description.abstract	© Oxford University Press 2011. All rights reserved. This article attempts to take on the policy issues and explores the economic analysis of prevention that can add to policy development. It discusses prevention and draws on the economic concepts of human capital and utility maximization. It provides a framework for investigating the reasons for people making the decisions and their response if their incentives or constraints alter. This approach can yield useful insights into behavior and answer various questions such as the reasons for smoking and the rise in the obesity level. Thus economic analysis can provide a basis for designing prevention strategies. This article addresses the issue of whether there is a current under-investment in prevention. For many policymakers and public health advocates, this question is about whether more prevention will save on care expenditure. Furthermore, the article turns to the special challenges in building an evidence base for prevention policy.	en_US
dc.relation.ispartof	The Oxford Handbook of Health Economics	en_US
dc.relation.isbasedon	10.1093/oxfordhb/9780199238828.013.0023	en_US
dc.title	Disease Prevention, Health Care, and Economics	en_US
dc.type	Chapter
utslib.for	1499 Other Economics	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Business
pubs.organisational-group	/University of Technology Sydney/Strength - CHERE - Centre for Health Economics Research and Evaluation
utslib.copyright.status	closed_access
pubs.publication-status	Published	en_US

Abstract:

© Oxford University Press 2011. All rights reserved. This article attempts to take on the policy issues and explores the economic analysis of prevention that can add to policy development. It discusses prevention and draws on the economic concepts of human capital and utility maximization. It provides a framework for investigating the reasons for people making the decisions and their response if their incentives or constraints alter. This approach can yield useful insights into behavior and answer various questions such as the reasons for smoking and the rise in the obesity level. Thus economic analysis can provide a basis for designing prevention strategies. This article addresses the issue of whether there is a current under-investment in prevention. For many policymakers and public health advocates, this question is about whether more prevention will save on care expenditure. Furthermore, the article turns to the special challenges in building an evidence base for prevention policy.

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http://hdl.handle.net/10453/14334