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business
the economics of health and health care
Questions and Answers of
The Economics Of Health And Health Care
What does the evidence on the effects of the partial U.S. ban on cigarette advertising suggest about the relative effectiveness of cigarette advertising versus antismoking advertising?
How does the responsiveness to cigarette advertising and price differ between youths and adults? Why is this important?
Explain how it is possible to advertise too little or too much.
Suppose it takes considerable time for the large majority of cigarette smokers to become fully informed about the fact that cigarette prices have risen all over. How would this matter to the
How would an excise tax hike in Kansas be helped or harmed in its attempt to curb smoking among Kansans if the neighboring states (e.g., Missouri, Nebraska) did not also hike their cigarette excise
When all costs are considered, which public policy tool for curbing the consumption of bads would be the most costly to administer for a given amount of consumption reduction among consumers?
The analysis accompanying Figure 23.3 investigates the impacts of an increase in cigarette prices. Use the fi gure to show both the short-run and the long-run impacts of a cigarette price decrease.
If the elasticity of aggregate cigarette demand with respect to advertising were 0.15 in absolute value, by extrapolation what effect on cigarette consumption would be caused by a 10 percent
Suppose the price elasticity of cigarette demand is 0.4. If we increased the prices of cigarettes by 50 percent, what would we expect to happen to the quantity purchased? To total expenditures on
In the discussion on rationales for intervention in markets, we note that Manning found external costs of $0.33 per pack of cigarettes.(a) Draw a supply and demand diagram, and graph Manning’s
Using Manning’s estimate of external costs of $0.33 per pack of cigarettes:(a) Calculate the new market price for cigarettes using a demand elasticity of 0.25.Would this be economically effi
If you were part of the City Council, what would you propose to increase community social capital?
From a cost/benefi t standpoint, given that these are benefi ts to community social capital, what are the costs?
Why would an increase in average community social capital, Sˆ, improve the payoff to the individual’s social capital, S?
Do the signifi cant correlations between Sˆ and per capita mortality rates prove the Social Capital and Health Hypothesis? Why or why not?
Reverse causality means that H implies S. Suppose this were the only result from these studies. How would community policy need to change from those based on S implies H?
Describe public health policies to reduce smoking levels in the community. What, if anything, would you choose?
Consider the parameters R, Sˆ, S, w, and C(I) in equation (24.1). Find and explain the effect of an increase in each one. II S.R(S)-w-C(I) (24.1)
For Table 24.1, suppose you think that you omitted a relevant variable, physicians per capita. Would this harm your results for Sˆ or H? Explain your view. Table 24.1 (Model 1) The Effect of
Suppose you moved into a neighborhood and that as time passes you found that your neighbors were not only friendly but dependable. How would you alter your risky behavior?Explain.
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