Aron-Dine, Aviva; Einav, Liran; Finkelstein, Amy - Stanford Institute for Economic Policy Research … - 2012
We re-present and re-examine the analysis from the famous RAND Health Insurance Experiment from the 1970s on the impact of consumer cost sharing in health insurance on medical spending. We begin by summarizing the experiment and its core findings in a manner that would be standard in the current...