Becker, Karolin; Zweifel, Peter - Institut für Volkswirtschaftslehre, … - 2005
. In a discrete choice experiment, e¤ected in 2003, some 1,000 individuals were given the hypothetical choice of … select a policy with a high deductible. Compensation demanded for voluntarily accepting an increase in the annual deductible … also varies with socioeconomic characteristics and increases with the current level of deductible, as predicted by theory …