Costa-Font, Joan; García-Villar, Jaume - In: Annals of Public and Cooperative Economics 80 (2009) 4, pp. 499-519
Captivity to a mainstream public insurer, is hypothesized to constrain the choice of purchasing private health insurance, by influencing risk attitudes. Namely, risk averse individuals are more likely to stay captive to the National Health System (NHS). To empirically test this hypothesis we use...