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This paper deals with the question how to model health effects after the cessation of a randomised controlled trial (RCT). Using clinical trial data on severe congestive heart failure patients we illustrate how survival beyond the cessation of a RCT can be predicted based on parametric survival...
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One of the main features of health insurance is moral hazard, as defined by Pauly (1968); people face incentives for excess utilization of medical care since they do not pay the full marginal cost for provision. To mitigate the moral hazard problem, a coinsurance can be included in the insurance...
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This paper reconsiders the classical problem of majority voting over tax schedules, adding the possibility to avoid … income are shown to be the same if the tax avoidance function is log concave. -- Tax avoidance ; Majority voting ; Order … taxes. In this setting preferences over tax schedules are not determined by earned income, but rather by taxable income …
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