Group for Research in Decision Analysis

Choosing health expenditures optimally

Stefan Wrzaczek Vienna University of Technology, Austria

We present different models on optimal health investments including micro (i.e. lifecycle) models as well as macro (i.e. age-structured) models. The survival probability is modelled according to the proportional hazard model and can actively influenced by health expenditures. We give an overview of already published papers, ongoing work and future research direction in this research area.