MARC Record from Library of Congress

LEADER: 02206nam a22002777a 4500
001 2010655708
003 DLC
005 20100302144458.0
007 cr |||||||||||
008 100302s2010 mau sb 000 0 eng
010 $a 2010655708
040 $aDLC$cDLC
050 00 $aHB1
245 00 $aAsymmetric information and the demand for voluntary health insurance in Europe$h[electronic resource] /$cKristian Bolin, Daniel Hedblom, Anna Lindgren, Bjorn Lindgren.
260 $aCambridge, MA :$bNational Bureau of Economic Research,$cc2010.
490 1 $aNBER working paper series ;$vworking paper 15689
538 $aSystem requirements: Adobe Acrobat Reader.
538 $aMode of access: World Wide Web.
500 $aTitle from PDF file as viewed on 3/2/2010.
530 $aAlso available in print.
504 $aIncludes bibliographical references.
520 3 $a"The NBER Bulletin on Aging and Health provides summaries of publications like this. You can sign up to receive the NBER Bulletin on Aging and Health by email. Several past studies have found health risk to be negatively correlated with the probability of voluntary health insurance. This is contrary to what one would expect from standard textbook models of adverse selection and moral hazard. The two most common explanations to the counter-intuitive result are either (1) that risk-aversion is correlated with health - i.e. that healthier individuals are also more risk-averse - or (2) that insurers are able to discriminate among customers based on observable health-risk characteristics. We revisited these arguments, using data from the Survey of Health, Ageing and Retirement in Europe (SHARE). Self-assessed health served as an indicator of risk: better health, lower risk. We did, indeed, observe a negative correlation between risk and insurance but found no evidence of heterogeneous risk-preferences as an explanation to our finding"--National Bureau of Economic Research web site.
700 1 $aBolin, Kristian.
710 2 $aNational Bureau of Economic Research.
830 0 $aWorking paper series (National Bureau of Economic Research : Online) ;$vworking paper no. 15689.
856 40 $uhttp://www.nber.org/papers/w15689