Coverage for long-term care insurance (LTCI) is scant. One common reason analysts refer to is individual's myopia in planning insurance well ahead of need. We attempt to test this by empirically eliciting the willingness to pay for a hypothetical long-term care insurance policy at two different...

This article examines the role of relative mortality risk perceptions in explaining smoking decision making. Some studies have provided evidence that perceptions of risks of smoking are overestimated. However, estimates tend to be sensitive to the estimate it is compared to. Using the same...

We argue that the dread of Genetically Modified (GM) food is an expression of the individual's demand for information as a self-protective action. This study empirically examines the determinants of the demand for information on Genetically Modified Food and tests whether this demand is jointly...

The influence of private health insurance (PHI) and gynaecologists' demand for leisure in determining a caesarean section (CS) delivery is examined. A database collected in January 2002 is exploited which contains records on women who attended the second largest private hospital in Greece. A...