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determine the price elasticity of demand for health care. A latent class approach that takes into account the panel structure of … increases the number of doctor visits. However, altogether the effects of the insurance state on the demand for doctor visits …
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determine the price elasticity of demand for health care. A latent class approach that takes into account the panel structure of … increases the number of doctor visits. However, altogether the effects of the insurance state on the demand for doctor visits …
Persistent link: https://www.econbiz.de/10011633519
Consumers' health plan choices are highly persistent even though optimal plans change over time. This paper separates two sources of inertia, inattention to plan choice and switching costs. We develop a panel data model with separate attention and choice stages, linked by heterogeneity in...
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