Showing 1 - 10 of 63
Persistent link: https://www.econbiz.de/10015374315
Persistent link: https://www.econbiz.de/10003383580
Persistent link: https://www.econbiz.de/10013268391
Subsidized primary care and community health worker (CHW) visits are important demand side policies in the effort to achieve universal health care for children under five. Causal evidence on the effects of these policies, alone and in interaction, is still sparse. This paper reports the effects...
Persistent link: https://www.econbiz.de/10013208939
We use four incentivized representative surveys to study the endowment effect for lotteries in 4,000 U.S. adults. We replicate the standard finding of an endowment effect–the divergence between Willingness to Accept (WTA) and Willingness to Pay (WTP), but document three new findings. First, we...
Persistent link: https://www.econbiz.de/10014290110
Incentivized experiments are commonly used to estimate marginal rate of intertemporal substitution (MRS) in the lab and in the field, and to make inferences about subject's time preference. This paper considers the implications of an integrated model of behavior in which individuals are subject...
Persistent link: https://www.econbiz.de/10010420284
Two of the most well known regularities observed in preferences under risk and uncertainty are ambiguity aversion and the Allais paradox. We study the behavior of an agent who can display both tendencies simultaneously. We introduce a novel notion of preference for hedging that applies to both...
Persistent link: https://www.econbiz.de/10012010072
We study the impact of subsidies (which remove cost barriers) and healthworker visits (which remove informational barriers) on over- and underuse of primary care, using a randomized control trial across 1532 children in Mali. Providing children with access to primary healthcare is an important...
Persistent link: https://www.econbiz.de/10011669321
Willingness to pay (WTP) and willingness to accept (WTA) a monetary amount for a lottery should be closely related. In data from an incentivized survey of a representative sample of 3,000 U.S. adults, we find that WTA and WTP for a lottery are, at best, weakly correlated. Across all respondents,...
Persistent link: https://www.econbiz.de/10011698659
People may be uncertain about future preferences, leading to both a preference for flexibility in choice between menus and stochastic choice from menus. This paper describes an experimental test of preference uncertainty in a realeffort task. We observe subjects' preferences over menus of work...
Persistent link: https://www.econbiz.de/10011526709