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Risk Preferences Over Health : Empirical Estimates and Implications for Healthcare Decision-Making
Mulligan, Karen; Baid, Drishti; Doctor, Jason N.; … - National Bureau of Economic Research - 2023
Recent research has documented a link between consumer risk preferences over health and the willingness to pay (WTP …) for medical technologies. However, the absence of empirical health risk preference estimates so far limits the … individual risk preference parameters over health-related quality of life (HRQoL) that shed light on health risk attitudes and …
Persistent link: https://www.econbiz.de/10014337758
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The Economics of Infertility : Evidence from Reproductive Medicine
Bögl, Sarah; Moshfegh, Jasmin; Persson, Petra; … - National Bureau of Economic Research - 2024
mental health and couple stability, with no long-run "protective" effects (of having no child) on earnings. Despite the high … treatment. The rate of IVF initiations drops by half when treatment is not covered by health insurance. The response to …
Persistent link: https://www.econbiz.de/10014544724
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Paying Your Fair Share : Perceived Fairness and Tax Compliance
Nathan, Brad C.; Perez-Truglia, Ricardo; Zentner, Alejandro - National Bureau of Economic Research - 2024
We provide evidence on the role of fairness for tax compliance: households are willing to pay more in taxes if they believe that other households are contributing their fair share. We conducted an information-disclosure natural field experiment in the context of property taxes in the United...
Persistent link: https://www.econbiz.de/10014576617
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Cognitive Imprecision and Stake-Dependent Risk Attitudes
Khaw, Mel Win; Li, Ziang; Woodford, Michael - National Bureau of Economic Research - 2022
In an experiment that elicits subjects' willingness to pay (WTP) for the outcome of a lottery, we confirm the fourfold pattern of risk attitudes described by Kahneman and Tversky. In addition, we document a systematic effect of stake sizes on the magnitude and sign of the relative risk premium,...
Persistent link: https://www.econbiz.de/10013388772
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Multiple Price Lists for Willingness to Pay Elicitation
Jack, B. Kelsey; McDermott, Kathryn; Sautmann, Anja - National Bureau of Economic Research - 2022
Multiple price lists are a convenient tool to elicit willingness to pay (WTP) in surveys and experiments, but choice patterns such as "multiple switching" and "never switching" indicate high error rates. Existing measurement approaches often do not provide accurate standard errors and cannot...
Persistent link: https://www.econbiz.de/10013388789
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Willingness to Accept, Willingness to Pay, and Loss Aversion
Chapman, Jonathan; Dean, Mark; Ortoleva, Pietro; … - National Bureau of Economic Research - 2023
We use four incentivized representative surveys to study the endowment effect for lotteries in 4,000 U.S. adults. We replicate the standard finding of an endowment effect--the divergence between Willingness to Accept (WTA) and Willingness to Pay (WTP), but document three new findings. First, we...
Persistent link: https://www.econbiz.de/10013537730
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How Do Investors Value ESG?
Baker, Malcolm; Egan, Mark L.; Sarkar, Suproteem K. - National Bureau of Economic Research - 2022
Environmental, social, and governance (ESG) objectives have risen to near the top of the agenda for corporate executives and boards, driven in large part by their perceptions of shareholder interest. We quantify the value that shareholders place on ESG using a revealed preference approach, where...
Persistent link: https://www.econbiz.de/10013477200
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Private Sanctions
Hart, Oliver D.; Thesmar, David; Zingales, Luigi - National Bureau of Economic Research - 2022
We survey a representative sample of the U.S. population to understand stakeholders' desire to see their firms exit Russia after the invasion of Ukraine. 61% of respondents think that firms should exit Russia, regardless of the consequences. Only 37% think that leaving Russia is a purely...
Persistent link: https://www.econbiz.de/10013477220
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Pricing Neighborhoods
Eshaghnia, Sadegh; Heckman, James J.; Razavi, Goya - National Bureau of Economic Research - 2023
Education in Denmark is freely available. Despite near equal teacher salaries and per-pupil school expenditure across districts, there is substantial spatial heterogeneity in school quality as measured by teacher quality and student test scores. We argue that this is due to sorting of teachers...
Persistent link: https://www.econbiz.de/10014322759
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Understanding the Demand-Side of an Illegal Market : Prohibition of Menthol Cigarettes
Kenkel, Donald Scott; Mathios, Alan D.; Phillips, Grace N. - National Bureau of Economic Research - 2024
The Food and Drug Administration has proposed to prohibit menthol cigarettes, which are smoked by almost 19 million people in the U.S. Illegal markets for menthol cigarettes could not only blunt the prohibition's intended consequence to reduce smoking but could also lead to unintended...
Persistent link: https://www.econbiz.de/10014486239