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from worker self-selection may not be matched by a corresponding social gain. In particular, the equilibrium incentive to …
Persistent link: https://www.econbiz.de/10005123693
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
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
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
We study a labour market in which firms can observe workers’ output but not their effort, and in which a worker’s productivity in a given firm depends on a worker-firm specific component, unobservable for the firm. Firms offer wage contracts that optimally trade off effort and wage costs. As...
Persistent link: https://www.econbiz.de/10005791700
We analyse the efficiency of the labour market outcome in a competitive search equilibrium model with endogenous …
Persistent link: https://www.econbiz.de/10005661864