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One of the core goals of a universal health care system is to eliminate discrimi- nation on the basis of socioeconomic status. We test for discrimination using patient waiting times for non-emergency treatment in public hospitals. Waiting time should re ect patients' clinical need with priority...
Persistent link: https://www.econbiz.de/10011147145
The size of adverse selection and moral hazard eects in health insurance markets has important policy implications. For example, if adverse selection eects are small while moral hazard eects are large, conventional remedies for ineciencies created by adverse selection (e.g., mandatory insurance...
Persistent link: https://www.econbiz.de/10010795612
In recent years it has become common to use stated preference (SP) discrete choice experiments (DCEs) to study and/or predict consumer demand. SP is particularly useful when revealed preference (RP) data is unobtainable or uninformative (e.g., to predict demand for a new product with an...
Persistent link: https://www.econbiz.de/10010823416
I examine the effect of labor income taxation in life-cycle models where work experience builds human capital. In this case, the wage no longer equals the opportunity cost of time – which is, instead, the wage plus returns to work experience. This has a number of interesting consequences....
Persistent link: https://www.econbiz.de/10010823418
Learning models extend the traditional discrete choice framework by postulating that consumers have incomplete information about product attributes, and that they learn about these attributes over time. In this survey we describe the literature on learning models that has developed over the past...
Persistent link: https://www.econbiz.de/10010823420
Models of consumer learning and inventory behavior have both proven to be valuable for explaining consumer choice dynamics. In their pure form these models assume consumers solve complex dynamic programming (DP) problems to determine optimal choices. For this reason, these models are best viewed...
Persistent link: https://www.econbiz.de/10010823421
The size of adverse selection and moral hazard eects in health insurance markets has important policy implications. For example, if adverse selection eects are small while moral hazard eects are large, conventional remedies for ineciencies created by adverse selection (e.g., mandatory insurance...
Persistent link: https://www.econbiz.de/10010823423
Besley, Hall and Preston (JPubEc, 1999) investigate how waiting for medical treatment in public hospitals influences the decision to buy private health insurance, which covers faster private treatment. They find sizable positive impacts which have subsequently been influential on waiting lists...
Persistent link: https://www.econbiz.de/10010823424
A common problem in estimation of discrete choice models is that the complete choice set is very large. A good example is supermarket consumer goods, like breakfast cereal, where there are often a hundred or more varieties (SKUs or UPCs) to choose from. In that case, estimation of complex...
Persistent link: https://www.econbiz.de/10010823425
The allocation of children’s time among different activities may be important for their cognitive and non-cognitive development. In our work we exploit time use diaries from the Longitudinal Study of Australian Children to study the effect of time allocation across a wide range of alternative...
Persistent link: https://www.econbiz.de/10010823430