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Reference-Dependent Preferences and Loss Aversion: A Discrete Choice Experiment In the Health-Care Sector

Neuman, Einat; Neuman, Shoshana - C.E.P.R. Discussion Papers - 2007

A Discrete Choice Experiment (DCE) in the health-care sector is used to test the loss aversion theory that is derived … with non-tangible attributes. A health-care event is used for empirical illustration: The loss aversion theory is tested …

Persistent link: https://www.econbiz.de/10005792351

Explorations of the Effect of Experience on Preferences: Two Health-Care Case Studies

Neuman, Einat; Neuman, Shoshana - C.E.P.R. Discussion Papers - 2006

experience on preferences for attributes of health-care events. We are using two very different samples and a methodology that … facilitates the estimation of marginal utilities of various attributes of a composite non-traded health-care service. Discrete … is that preferences for health-care attributes are significantly changed as a result of experience with the health event …

Persistent link: https://www.econbiz.de/10005123715

Explorations of the Effect of Experience on Preferences for a Health-Care Service

Neuman, Einat; Neuman, Shoshana - C.E.P.R. Discussion Papers - 2007

as experience is accumulated. This paper tests the effect of experience with a health-care service on preferences for … basic findings are that preferences change significantly as a result of experience with the health event; that the effect of …

Persistent link: https://www.econbiz.de/10005656214

Matched Fundraising: Evidence from a Natural Field Experiment

Huck, Steffen; Rasul, Imran - C.E.P.R. Discussion Papers - 2010

We present evidence from a natural field experiment designed to shed light on the efficacy of fundraising schemes in which donations are matched by a lead donor. In conjunction with the Bavarian State Opera House, we mailed 14,000 regular opera attendees a letter describing a charitable...

Persistent link: https://www.econbiz.de/10008680761

Comparing Charitable Fundraising Schemes: Evidence from a Natural Field Experiment and a Structural Model

Huck, Steffen; Rasul, Imran; Shephard, Andrew - C.E.P.R. Discussion Papers - 2013

We present evidence from a natural field experiment and structural model designed to shed light on the efficacy of alternative fundraising schemes. In conjunction with the Bavarian State Opera, we mailed 25,000 opera attendees a letter describing a charitable fundraising project organized by the...

Persistent link: https://www.econbiz.de/10011084280

Charitable Giving and Nonbinding Contribution-level Suggestions: Evidence from a Field Experiment

Adena, Maja; Huck, Steffen; Rasul, Imran - C.E.P.R. Discussion Papers - 2014

When asking for donations, charitable organizations often suggest a potential amount to contribute. However, the evidence concerning the effects of such suggestions is scarce and inconsistent. Unlike the majority of earlier studies concerned with small-money solicitations, we examine the effect...

Persistent link: https://www.econbiz.de/10011084485

Incentives for Managers and Inequality Among Workers: Evidence from a Firm Level Experiment

Bandiera, Oriana; Barankay, Iwan; Rasul, Imran - C.E.P.R. Discussion Papers - 2006

We present evidence from a firm level experiment in which we engineered an exogenous change in managerial compensation from fixed wages to performance pay based on the average productivity of lower-tier workers. Theory suggests that managerial incentives affect both the mean and dispersion of...

Persistent link: https://www.econbiz.de/10005788932

Facilitating Consumer Learning in Insurance Markets—What Are the Welfare Effects?

Lagerlöf, Johan N. M.; Schottmüller, Christoph - C.E.P.R. Discussion Papers - 2013

What are the welfare effects of a policy that facilitates for insurance customers to privately and covertly learn about … their accident risks? We endogenize the information structure in Stiglitz's classic monopoly insurance model. We first show …

Persistent link: https://www.econbiz.de/10011083449

Monopoly Insurance with Endogenous Information

Lagerlöf, Johan N. M.; Schottmüller, Christoph - C.E.P.R. Discussion Papers - 2013

We study a monopoly insurance model with endogenous information acquisition. Through a continuous effort choice …

Persistent link: https://www.econbiz.de/10011084544

Efficiency-Enhancing Signalling in the Samaritan's Dilemma

Lagerlöf, Johan N. M. - C.E.P.R. Discussion Papers - 2003

Suppose an altruistic person - A - is willing to transfer resources to a second person - B - if B comes upon hard times. If B anticipates that A will act in this manner, B will save too little from both agents’ point of view. This is the Samaritan’s dilemma. The logic of the dilemma has been...

Persistent link: https://www.econbiz.de/10005497793