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This experiment investigates decisions made by prospective economists and physicians in an allocation problem which can … number of recipients". Economists tend to maximize their own payoff, whereas the physicians’ choices are more in line with …
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are characterized by asymmetric information. Physicians have an information advantage over patients with respect to the …, physicians have to pay a fine. Endogenous monitoring can be requested by patients, whereas exogenous monitoring is performed … experiment. Our results show that introducing endogenous monitoring reduces the level of undertreatment and overcharging. Even …
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extensions of these. These approaches produce estimates of the mean taste weights attributed to the attributes in the experiment … by the sampled individuals. Further, if a cost attribute or a proxy for cost is included in the experiment the taste … to study the distribution of preferences in a sample of patients who responded to a discrete choice experiment where they …
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