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We develop models of markets with procrastinating consumers where competition operates - or is supposed to operate - both through the initial selection of providers and through the possibility of switching providers. As in other work, consumers fail to switch to better options after signing up...
Persistent link: https://www.econbiz.de/10014578272
We develop models of markets with procrastinating consumers where competition operates - or is supposed to operate - both through the initial selection of providers and through the possibility of switching providers. As in other work, consumers fail to switch to better options after signing up...
Persistent link: https://www.econbiz.de/10015045453
We model an agent who stubbornly underestimates how much his behavior is driven by undesirable motives, and, attributing his behavior to other considerations, updates his views about those considerations. We study general properties of the model, and then apply the framework to identify novel...
Persistent link: https://www.econbiz.de/10015045460
This paper examines the impacts of the Affordable Care Act (ACA) - which substantially increased insurance coverage through regulations, mandates, subsidies, and Medicaid expansions - on behaviors related to future health risks after three years. Using data from the Behavioral Risk Factor...
Persistent link: https://www.econbiz.de/10011845580
The paper studies the current COVID-19 pandemic by applying an adapted epidemiologic model, where each individual is in one of the five states “susceptible”, “infected”, “removed”, “immune healthy” or “dead”. We extend the basic model with time-invariant transition rates...
Persistent link: https://www.econbiz.de/10012315048
Requiring graphic warning labels (GWLs) on cigarette packaging has become a highly contentious unresolved legal battle. The constitutionality depends, in part, on the likely impact of GWLs on smoking decisions, and whether they generate knowledge as opposed to emotional reactions against...
Persistent link: https://www.econbiz.de/10014337768
Whether monetary incentives to change behavior work and how they should be structured are fundamental economic questions. We overcome typical data limitations in a large-scale field experiment on vaccination (N = 5, 324) with a unique combination of administrative and survey data. We find that...
Persistent link: https://www.econbiz.de/10015075054
Retirement offers the opportunity to give up potentially risky, unhealthy, and/or stressful work, which is expected to foster improvements in retirees' health. However, retirement also bears the risk that retirees suffer from the loss of daily routines, physical and/or mental activity, a sense...
Persistent link: https://www.econbiz.de/10011820355
There is widespread agreement that behavior crucially influences one's health. However, little is known about what actually determines health-related behavior. We explore the impact of the place where many people spend most of their time, at work, and analyze whether an individual's decision to...
Persistent link: https://www.econbiz.de/10011916752
There is widespread agreement that behavior crucially influences one's health. However, little is known about what actually determines health-related behavior. We explore the impact of the place where many people spend most of their time, at work, and analyze whether an individual's decision to...
Persistent link: https://www.econbiz.de/10011927105