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Moral hazard and adverse selection create inefficiencies in private health insurance markets. The authors use claims … attempted to estimate moral hazard in private health insurance by assuming that individuals respond only to the spot price, end …, economic intuition suggests that the nonlinear budget constraints generated by health insurance plans make these assumptions …
Persistent link: https://www.econbiz.de/10014147468
This research aimed to gain a deeper understanding of how and for what reasons the world trade networks of medical products were reorganized during the novel coronavirus (COVID-19) pandemic. To do this, first, the trade data of eight COVID-19-related product categories (such as medical test kits...
Persistent link: https://www.econbiz.de/10014344767
's technological efficiency to help them update their belief about another product's technological efficiency within the same product …
Persistent link: https://www.econbiz.de/10012903984
This paper investigates whether aggregate consumer learning together with consumer heterogeneity in price sensitivity could explain why (i) there is a slow diffusion of generic drugs into the market, and (ii) brand-name originators keep increasing their prices over time even after the number of...
Persistent link: https://www.econbiz.de/10014047796
account rather than focusing on the behavior of health professionals …
Persistent link: https://www.econbiz.de/10014070811
We investigate whether people enrolled into voluntary health insurance (VHI) substitute public consumption with private … the case of Italy, where a mixed insurance system is in place. To this purpose, we specify a joint model for public and … private specialist visits counts, and allow for different degrees of endogenous supplementary insurance coverage, looking at …
Persistent link: https://www.econbiz.de/10011734508
The aim of the paper is an examination wheatear the social spillover of consumption behaviours differs for the homophily and heterophily based structure of interactions. As an approximation of agents' behaviours households' expenditures with the reference person attributes were used. The...
Persistent link: https://www.econbiz.de/10011419328
In this paper we propose a method to estimate externality effects in cash transfer programmes, even in cases when the benefit is not randomly assigned. Externality is assessed through the decomposition of the average treatment effect on the treated (ATT) into participation (direct) effect and...
Persistent link: https://www.econbiz.de/10012938155
In this paper we propose a method to estimate externality effects in cash transfer programmes, even in cases when the benefit is not randomly assigned. Externality is assessed through the decomposition of the average treatment effect on the treated (ATT) into participation (direct) effect and...
Persistent link: https://www.econbiz.de/10012940357
Over the course of the recent house price bubble in the United States, the price of homes rose rapidly from 1999 Q4 to 2005 Q4 (11.3% annually as measured by the Case-Shiller index, and 8.4% annually as measured by the Federal Housing Financing Agency) but slowly as measured by owner equivalent...
Persistent link: https://www.econbiz.de/10013035524