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This paper presnets first empirical results on moral hazard in demand for physician services, using a longitudinal dataset on 4578 individuals followed during two years. The data set contains two subgroups, one for which a copayment rate of 10% for physician visits was introduced in 1994, and an...
Persistent link: https://www.econbiz.de/10005256749
This paper discusses experimental design from an efficiency viewpoint. We interpret the design of social experiments as an economic intertemporal consumpion problem, as opposed to a statistical variance minimization problem, and contrast the difference between Pareto optimal sample size and...
Persistent link: https://www.econbiz.de/10005256765
This paper discusses goods for which the amount of consumption determines its duration, with our primary concentration on health-related consumption. We argue that the features of such goods result in unique implications for private pricing and R&D, as well as impact important components of...
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We study, in a model with unemployment, how labour market status affects the preferences for public spending, whether in the form of a public good or subsidies. We then derive the implications for the dynamics of government expenditures, under the hypothesis of majority voting.
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