We provide a nonparametric revealed preference approach to demand analysis based on homothetic efficiency … homothetic efficiency of consumption choices. It generalises Heufer's (2013) two-dimensional concept to arbitrary dimensions and …

This paper empirically analyzes moral hazard in car insurance using a dynamic theory of an insuree's dynamic risk (ex …

We study risk-based selection into a voluntary unemployment insurance (UI) scheme. To disentangle behavioral effects … from selection, we exploit variation in the sign-up induced by an early retirement scheme embedded into the UI system. We … combine an event study with a differencein-difference approach applied to Danish register data to quantify the selection. We …

markets with small initial loss sizes, insurers may try to raise these in order to create demand for insurance. After having … defined insurance and non-insurance markets based on the initial loss size, we develop theory to show that insurers with buyer … power have incentives to create insurance markets. Insurer competition will push their profits to zero but markets do not …

People deny health risks, invest too little in disease prevention, and are highly sensitive to the price of … preventative health care, especially in developing countries. Moreover, private sector R and D spending on developing … which an agent's decision to engage in health risk denial balances the psychological benefits of reduced anxiety with the …

reform that permitted Dutch health insurers and hospitals to freely negotiate prices for elective procedures. Unlike previous … selection bias in our setting to identify the effect on quality of non-acute hip replacements. Using administrative data on all …