sustainable. In this paper, we investigate the welfare effects of giving a larger role to private insurance markets in the face of … welfare calculations. We find that observed willingness-to-pay of many individuals is low, such that providing DI partly via a … private insurance market with choice improves welfare. However, we show that distributional concerns as well as individual …

sustainable. In this paper, we investigate the welfare effects of giving a larger role to private insurance markets in the face of … welfare calculations. We find that observed willingness-to-pay of many individuals is low, such that providing DI partly via a … private insurance market with choice improves welfare. However, we show that distributional concerns as well as individual …

sustainable. In this paper, we investigate the welfare effects of giving a larger role to private insurance markets in the face of … welfare calculations. We find that observed willingness-to-pay of many individuals is low, such that providing DI partly via a … private insurance market with choice improves welfare. However, we show that distributional concerns as well as individual …

sustainable. In this paper, we investigate the welfare effects of giving a larger role to private insurance markets in the face of … welfare calculations. We find that observed willingness-to-pay of many individuals is low, such that providing coverage partly … via a private DI market improves welfare. However, we show that distributional concerns as well as individual risk …