Hermanns, Benedicta; Kairies-Schwarz, Nadja; Kokot, Johanna - 2023
We investigate heterogeneity in patterns of preferences for health insurance features using health insurance choice … also account for individually elicited risk preferences. On aggregate, we find that there is considerable heterogeneity in … forgo deductibles. However, if we measure the quality of individuals' decisions based on risk preferences, the heterogeneity …