Essen Economics of Mental Health Workshop
The Essen Economics of Mental Health Workshop, organised by Christoph Kronenberg and Ansgar Wübker, on June, 25&26 2018 was hosted by the health economic research center CINCH in Essen. This workshop gathered (junior) researchers with an interest in applying the tools of economics to these and other problems surrounding mental health.
Worldwide around one in five adults have a diagnosable mental illness. Mental illness is very costly as half of all illness for those up to age 45 in rich countries is mental illness (Layard 2017). Additionally, mental illness has a large stigma that prevents individuals from seeking treatment. At the same time, treatments exist and have been shown to have return-on-investments that far exceed its costs, but for numerous reasons only a fraction of those who need treatment receive it (WHO 2017).
Keynotes were delivered by Richard G. Frank (Harvard University), Rowena Jacobs (University of York) and Jan Böhnke (University of Dundee).