Showing 1 - 10 of 106
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 …
Persistent link: https://www.econbiz.de/10010532589
the context of consumer demand. In connection with these results, we interpret Afriat’s (1973) critical cost efficiency … index (CCEI) as a measure of cost (in)efficiency, in the sense that a consumer is spending more money than is required to …
Persistent link: https://www.econbiz.de/10012802989
This paper empirically analyzes moral hazard in car insurance using a dynamic theory of an insuree's dynamic risk (ex …
Persistent link: https://www.econbiz.de/10011376656
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 …
Persistent link: https://www.econbiz.de/10013274253
for statutory social health insurance is estimated in two ways: first, using a linear utility function; and second, using … ; Preference Measurement ; Health Insurance ; Model Specification …
Persistent link: https://www.econbiz.de/10008702182
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 …
Persistent link: https://www.econbiz.de/10011456744
Regulation fostering Managed Care alternatives in health insurance is spreading. This work reports on an experiment … social health insurance. -- health insurance ; health care ; regulation ; preference measurement ; discrete choice …-Care type restrictions in the provision of health care. It finds that restrictions on the freedom of physician choice would …
Persistent link: https://www.econbiz.de/10002746136
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 …
Persistent link: https://www.econbiz.de/10011823733
This paper explores semi-monotonicity constraints in the distribution of potential outcomes, first, conditional on an instrument, and second, in terms of the response function. The imposed assumptions are strictly weaker than traditional instrumental variables assumptions and can be gainfully...
Persistent link: https://www.econbiz.de/10008695614
stationarity is based on a finite number of periodograms computed at low Fourier frequencies. It is not sensitive to the selection …
Persistent link: https://www.econbiz.de/10010517695