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comparison effect, decrease subsequent demand. This tension is particularly important for the distribution of health products in … Northern Uganda in which three health products differing in their scope for learning were initially offered either for free or …
Persistent link: https://www.econbiz.de/10011083717
account (covering education and training), and a health account (covering insurance against sickness and disability). Unlike …, cushioning people against economic risk, ensuring efficient provision of health and education services, providing social safety …
Persistent link: https://www.econbiz.de/10005661484
This paper addresses the relationship between patent protection and investment in the development of new pharmaceutical treatments. The TRIPS Agreement, which specifies minimum levels of intellectual property protection for countries in the World Trade Organization, has increased levels of...
Persistent link: https://www.econbiz.de/10009002387
What are the welfare effects of a policy that facilitates for insurance customers to privately and covertly learn about their accident risks? We endogenize the information structure in Stiglitz's classic monopoly insurance model. We first show that his results are robust: For a small information...
Persistent link: https://www.econbiz.de/10011083449
We study the political determination of the level of social long-term care insurance when voters also choose private insurance and saving amounts. Agents differ in income, probability of becoming dependent and of receiving family help. Social insurance redistributes across income and risk...
Persistent link: https://www.econbiz.de/10011083512
effectiveness and prevalence are important if the government wants to maximize the health gain that it gets from its health budget …
Persistent link: https://www.econbiz.de/10011083797
This paper introduces a tractable model of health insurance with both moral hazard and adverse selection. We show that …
Persistent link: https://www.econbiz.de/10011084307
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. …
Persistent link: https://www.econbiz.de/10011084438
We study a monopoly insurance model with endogenous information acquisition. Through a continuous effort choice, consumers can determine the precision of a privately observed signal that is informative about their accident risk. The equilibrium effort is, depending on parameter values, either...
Persistent link: https://www.econbiz.de/10011084544
The US Corporate Average Fuel Economy (CAFE) regulation mandates, subject to a civil penalty, producers to achieve a certain fleet average fuel economy on sales of new passenger cars. Analysing the incentive effects of CAFE, we find that it affords differential tax treatment to car models with...
Persistent link: https://www.econbiz.de/10005504591