The impacts of choice in public services are controversial. We exploit a reform in the English National Health Service …

profession. When the good produced (e.g. health care) is imperfectly observable by the payer (e.g. health insurance), asymmetries …

firms’ dynamic behaviour in factor markets. …

, we use a combination of lab, field, and survey evidence to study whether these two types of behaviour are indeed linked … behaviour in cashing the check and completing tasks on time. Our results lend support to the hypothesis that subjects who have a …

Consumers, when buying health insurance, do not know the exact value of each treatment that they buy coverage for. This … government can stimulate R&D in breakthrough treatments by excluding treatments with low value added from health insurance … coverage. If the country is rich enough such a government intervention in a private health insurance market raises welfare. …

-up is low and the businesses often close. We analyze a randomized trial that bundled microfinance loans with a cheap health …

We analyze exclusive contracts between health care providers and insurers in a model where some consumers choose to …

This paper provides an analysis of the health insurance and health care consumption. A structural microeconomic model … of joint demand for health insurance and health care is developed and estimated using full maximum likelihood method … 100% to 10% increases the marginal demand for health care by about 90% and from 100% to 0% by about 150%. The correlation …

Standard insurance models predict that people with high (health) risks have high insurance coverage. It is empirically … documented that people with high income have lower health risks and are better insured. We show that income differences between … traditionally viewed as an intervention which increases efficiency and raises the utility of low health agents, we show that with a …

We study optimal risk adjustment in imperfectly competitive health insurance markets when high-risk consumers are less …