Evidence on insurers' behavior in environments with both risk selection and market power is largely missing. We fill …. This policy increased enrollment into 5-star contracts, but without risk selection worsening. Our findings show that this …

incumbent; with higher stakes, the incumbent puts more emphasis on loyalty than competence. Our theory sheds light on the …

reports on direct measures of preference parameters relating to risk tolerance, time preference, and intertemporal … of preference parameters display substantial heterogeneity. The majority of respondents fall into the least risk …-tolerant group, but a substantial minority display higher risk tolerance. The individual measures of intertemporal substitution and …

explain the decision-making behavior of the majority of our subjects. Surprisingly, we find that the choice behavior of the …

This paper examines how a firm's choice of the type of experiment impacts on its potential exploitation of new … informally suggested that firms undertake errors in experimental choice (in particular, choosing experiments that involved biased …

School choice may allow schools to impede access to students perceived as costlier to educate. To test this, we sent … emails from fictitious parents to 6,452 charter schools and traditional public schools subject to school choice in 29 states …

electricity plan choice. Consumers were offered socially efficient dynamic pricing with randomly assigned take-up incentives. We …

Insurance product choice is a central feature of health insurance markets in the United States, yet there is ongoing … concern over whether consumers choose appropriately in such markets - and little evidence on solutions to any choice … document large choice inconsistencies, with the typical employee foregoing savings of more than $600 in their insurance plan …