Sleeping together: Network effects and sleep duration

Xiaodong Liu, Eleonora Patacchini, Edoardo Rainone 28 January 2014

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Nearly a third of a person's life is spent in slumber. In the US those with insomnia spend about $1 billion a year on prescription sleep aids, and another $1 billion on over-the-counter sleep medications (Yaniv 2004). The economic costs of sleep disorders in the US in 2004, both direct (expenditure within the health system) and indirect (absenteeism, low productivity, and work-related injuries), was estimated to be $109 billion (Hillman at el. 2006).

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Topics:  Education Health economics

Tags:  network effects, peer groups, sleep