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The well-being valuation approach: Solution or convolution?

The ‘well-being valuation method’ is a recently developed technique for valuing the effect, in monetary terms, of a health problem on an individual’s well-being. The method involves calculating the compensating variation necessary to maintain the same level of well-being after suffering from… Read More »The well-being valuation approach: Solution or convolution?

The economics of the ‘nudge’: Why the UK government’s new public health policy won’t work

The UK Government recently announced its plans for “Public Health England”, with ‘nudging’ high on the agenda. What the government considers a ‘nudge’ is unclear, though it seems to mean giving people the opportunity to improve their own health. Here’s… Read More »The economics of the ‘nudge’: Why the UK government’s new public health policy won’t work