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In the United States child adoption costs vary considerably, ranging from no out-of-pocket expense to $50,000 or more …. What are the causes for the variability in adoption expenses? We administered a survey to a sample of Michigan adoptive … families to link adoptive parent characteristics, child characteristics, and adoption-related expenses and subsidies. We then …
Persistent link: https://www.econbiz.de/10009645231
Understanding how price regulations affect the adoption of new patent-protected pharmaceutical technologies is a … statistically significant and robust price effect in the adoption of new pharmaceutical technologies; low-prices result in reduced … and slower adoption. Concentrated therapeutic subgroups, reflecting market crowding constitutes a significant barrier to …
Persistent link: https://www.econbiz.de/10009020788
adoption of generic competition. This paper aims to investigate how price regulations in the OECD affect the adoption of … heterogeneity. Ex-ante profit expectations result in faster adoption; both expected price and market size increase the probability … adoption across different specifications. Instead, evidence indicates that generic competitors follow a locally oriented …
Persistent link: https://www.econbiz.de/10009021239
We empirically examine the determinants of adoption of information technology by primary healthcare clinics using a … large and complex market. Our study generates several interesting results related to the adoption and diffusion of Health … Information Technology (HIT), including: (1) the adoption probabilities vary considerably by the specific type of clinic; (2) in …
Persistent link: https://www.econbiz.de/10010570052
The sustainability of the welfare state ultimately depends on citizens’ preferences for income redistribution. They are elicited through a Discrete Choice Experiment performed in 2008 in Switzerland. Attributes are redistribution as GDP share, its uses (the unemployed, old-age pensioners,...
Persistent link: https://www.econbiz.de/10008511616
This paper argues that the consumption value of education is an important motivation for the educational choice. While controlling for ability, we document that individuals are willing to forego substantial future wage returns in order to acquire a particular type of higher education. We...
Persistent link: https://www.econbiz.de/10008533984
The consumption value of higher education is an important factor behind the individual’s educational choice. We provide a comprehensive literature survey, and define the consumption value as the private, intended, non-pecuniary return to higher education. We provide new empirical evidence for...
Persistent link: https://www.econbiz.de/10008534058
I derive values of marginal changes in a public good for two-person households, measured alternatively by household member i’s willingness to pay (WTP) for the good on behalf of the household, WTPi(H), or by the sum of individual WTP values across family members, WTP(C). Households are assumed...
Persistent link: https://www.econbiz.de/10005181474
In the expected-utility theory of the monetary value of a statistical life, the so-called “dead-anyway” effect discovered by Pratt and Zeckhauser (1996) asserts that an individuals' willingness to pay (WTP) for small reductions in mortality risk increases with the initial level of risk....
Persistent link: https://www.econbiz.de/10005405707
We report results of a survey of a representative sample of the German population in which respondents were asked in various scenarios for their willingness-to-pay (WTP) for a gain of one quality-adjusted life year. While one version of the survey exactly copied the setting (online survey) and...
Persistent link: https://www.econbiz.de/10010659184