Showing 1 - 10 of 143
age and attribute importance increases loss aversion. …
Persistent link: https://www.econbiz.de/10010267429
age and attribute importance increases loss aversion. …
Persistent link: https://www.econbiz.de/10005703626
In this paper we look at the relationship between health and income as mediated by "lifestyle" choices; that is, a set of behaviours which are thought to influence health and are generally considered to invoke a substantial degree of free choice. The main underlying assumption is that...
Persistent link: https://www.econbiz.de/10011307453
We present identification and estimation results for the collective model of labour supply in which there are discrete choices, censoring of hours and nonparticipation in employment. We derive the collective restrictions on labour supply functions and contrast them with restrictions implied by...
Persistent link: https://www.econbiz.de/10010332988
We develop a novel framework to analyze the structural implications of the marriage market for household consumption patterns. We start by defining a revealed preference characterization of efficient household consumption when the marriage is stable. In particular, stability means that the...
Persistent link: https://www.econbiz.de/10010352239
Study of Income Dynamics (PSID), for which we assume that similar households (in terms of observed characteristics like age …
Persistent link: https://www.econbiz.de/10011559670
Although physicians are often expected to be gatekeepers to health insurance benefits such as paid sick leave, research indicates a substantial reluctance to reject patient requests for sickness certificates. We show that private information on the patient's part creates a conflict between the...
Persistent link: https://www.econbiz.de/10011653463
The ability to uncover preferences from choices is fundamental for both positive economics and welfare analysis. Overwhelming evidence shows that choice is stochastic, which has given rise to random utility models as the dominant paradigm in applied microeconomics. However, as is well known, it...
Persistent link: https://www.econbiz.de/10011984478
We assess the willingness to pay (WTP) for eyeglasses in an adult population in rural Burkina Faso using a variant of the Becker-DeGroot-Marschak (BDM) method. We combine the BDM approach with video and deferred payment options to analyze the role of information and liquidity constraints....
Persistent link: https://www.econbiz.de/10011984489
In this paper we investigate the dual role of supply restrictions and drug treatment in combating the concurrent rise of opioid abuse and suicide in the United States over the last two decades. We find that supply-side interventions decrease suicides in places with strong addiction-help...
Persistent link: https://www.econbiz.de/10011873395