dc.rights.license | In Copyright | en_US |
dc.creator | Hodgson, Ashley Renee | |
dc.date.accessioned | 2023-10-20T18:00:46Z | |
dc.date.available | 2023-10-20T18:00:46Z | |
dc.date.created | 2003 | |
dc.identifier | WLURG038_Hodgson_thesis_2003 | |
dc.identifier.uri | https://dspace.wlu.edu/handle/11021/36444 | |
dc.description.abstract | This paper measures the discount rate of health insurance by surveying. a sample of nearly 1,000 Washington and Lee alumni. We calculated the discount rate from a series of open-ended survey questions, eliminating some of the bias introduced in past studies that presented respondents with a series of pre-calculated options. Results showed that a large majority (81 % ) of individuals had negative discount rates for health insurance, meaning they prefer insurance in the future as opposed to the present. The study also indicates that people with negative discount rates behave differently with respect to time horizon than people with positive discount rates. These results suggest that a demand-side policy approach to increasing the number of people insured will be relatively ineffective. | en_US |
dc.format.extent | 57 pages | en_US |
dc.language.iso | en_US | en_US |
dc.rights | This material is made available for use in research, teaching, and private study, pursuant to U.S. Copyright law. The user assumes full responsibility for any use of the materials, including but not limited to, infringement of copyright and publication rights of reproduced materials. Any materials used should be fully credited with the source. | en_US |
dc.rights.uri | http://rightsstatements.org/vocab/InC/1.0/ | en_US |
dc.subject.other | Washington and Lee University -- Honors in Economics | en_US |
dc.title | Negative Discount Rates for Health Insurance | en_US |
dc.type | Text | en_US |
dcterms.isPartOf | WLURG038 - Student Papers | en_US |
dc.rights.holder | Hodgson, Ashley Renee | en_US |
dc.subject.fast | Health insurance | en_US |
dc.subject.fast | Medical care, Cost of | en_US |
local.department | Economics | en_US |