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Health values, preference inconsistency, and insurance demand

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dc.creator Wrede, Matthias
dc.date 2005
dc.date.accessioned 2013-10-16T07:02:51Z
dc.date.available 2013-10-16T07:02:51Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/19098
dc.identifier ppn:510008631
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/19098
dc.description Several empirical studies provide evidence that their actual health state affects people?s attitudes towards health and medical care in hypothetical health states. In the tradition of behavioural economics this paper considers the actual health state as a point of reference and builds a model for studying the implications of this phenomenon on health insurance and on demand for medical care. It considers the insurance demand of different types of agents: naive individuals, individuals who are able to commit to medical care demand and sophisticated individuals. Furthermore, it raises the question of whether inconsistency of preferences reinforces or tones down moral hazard problems.
dc.language eng
dc.publisher
dc.relation CESifo working papers 1634
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject D91
dc.subject I11
dc.subject D82
dc.subject G22
dc.subject ddc:330
dc.subject health insurance
dc.subject medical care
dc.subject health state
dc.subject behavioural economics
dc.subject prospect theory
dc.subject time inconsistency
dc.subject Gesundheit
dc.subject Konsumentenverhalten
dc.subject Gesundheitsversorgung
dc.subject Krankenversicherung
dc.subject Nachfrage
dc.subject Prospect Theory
dc.subject Moral Hazard
dc.subject Präferenztheorie
dc.subject Theorie
dc.title Health values, preference inconsistency, and insurance demand
dc.type doc-type:workingPaper


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