We investigate the presence of moral hazard and advantageous or adverse selection in a market for supplementary health … insurance. For this we specify and estimate dynamic models for health insurance decisions and health care utilization. Estimates … for advantageous selection, largely driven by heterogeneity in education, income and health preferences. Finally, we show …

presence of selection effects and treatment heterogeneity. As an example we present an estimate of the TPE for a rural water …

consumption insurance. Based on insights from a theoretical model, we propose a new test to detect advance information, which … to a significant overestimation of consumption insurance and even more so at the bottom of the wealth distribution. …

Availability of (partial) insurance mechanisms is arguably important for the decision of (riskaverse) workers to start … up a risky entrepreneurial venture. Using administrative data from Denmark, where unemployment insurance (UI) is … UI choice process. Results show that the causal effect of insurance on the probability of starting up a venture is …

discriminate between the theoretical parameters. Differences in health knowledge appear to be responsible for the greatest part of … the education disparity in diet. However, when faced with the most explicit health information regarding diet, lower … educated individuals still state choices that imply a lower concern for negative health consequences. This is consistent with a …

Biased longevity expectations will lead to suboptimal decisions regarding saving, retirement, annuitization and health … explain heterogeneity in economic behaviour by education and cognitive functioning. Analysis of eight waves of the US Health …