predictions based on comparative static analysis. Our empirical study considers the demand for health insurance, and empirical …We explore the effects that optimism bias has on the demand for insurance. Our theory is based on a simple binomial … model of the demand for insurance in which consumers make optimistically biased assessments concerning the likelihood of …

redistributing resources for implementation (e.g., universal health insurance), should be analyzed within a normative framework that …The years 2003-2004 marked the tenth anniversary of the rapid rise and demise of the Clinton administration's health … reform efforts. Health reform may again be a political issue in the 2008 congressional and presidential elections. However …

to mitigate adverse selection and improve insurance market efficiency, but it may have undesirable equity or efficiency … consequences. We employ a canonical screening model of insurance contracting to study these trade-offs in a range of informational …

Equity in health has to be distinguished from equity in access to health care, or equity in the distribution of health … care resources. We take as a working definition of health for our purposes the number of quality adjusted life years that a … synonymous with reducing inequalities in health, we also consider the much richer variety of concepts employed by philosophers …

We explore the feasibility of catastrophic health insurance established in conjunction with individual health accounts … (IHAs). Under this plan, the employer establishes both a high-deductible health insurance plan and an IHA. Employee health … health insurance claims data from a large firm. We emphasize the balance in the IHA account at retirement. Although such a …

risk exposure and (c) a progressive scheme where mutual risk insurance spreads risk across all subjects such that low …

Quantity rationing is widely used by the traditional literature on public health care expenditure determination as a … means to justify the coexistence of the private health care sector. However, this artefact is not suitable for a wide range … of health care services that have an "all or nothing" characteristic. In this paper, we use another kind of rationing …

formal insurance in a setting where donors make redistributive transfers to anonymously paired recipients. We find that … donors reduce their transfers to recipients who don't take-up insurance, and that this effect is larger for donors who hold … the ex ante belief that the recipient is more likely to take-up insurance. The findings are consistent with a model of a …