Time constraints in the Grossman model In a single period,there are only 24 hours in a day to contribute to your utility: Θ=24=TW+TZ+TH+TS Divide total time between: Working Tw Playing TZ Improving health TH Being sick TS Health as a consumption good Bhattacharya,Hyde and Tu-HealthEconomics Bhattacharya, Hyde and Tu – Health Economics Time constraints in the Grossman model  In a single period, there are only 24 hours in a day to contribute to your utility: Θ = 24 = TW + TZ + TH + TS  Divide total time Θ between:  Working TW  Playing TZ  Improving health TH  Being sick TS Health as a consumption good