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Health anxiety and patient behavior
Authors:Koszegi Botond
Affiliation:Department of Economics, University of California, Berkeley, 549 Evans Hall #3880, Berkeley, CA 94720, USA. botond@econ.berkeley.edu
Abstract:Economic models of patient decision-making emphasize the costs of getting medical attention and the improved physical health that results from it. This note builds a model of patient decision-making when fears or anxiety about the future-captured as beliefs about next period's state of health-also enter the patient's utility function. Anxiety can lead the patient to avoid doctor's visits or other easily available information about her health. However, this avoidance cannot take any form: she will never avoid the doctor with small problems, and under regularity conditions she will never go to a bad doctor to limit the information received.
Keywords:Health anxiety   Behavior   Economic model
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