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  1. Nursing home aversion post-pandemic
    implications for savings and long-term care policy
    Erschienen: [2021]
    Verlag:  CIRANO, [Montréal]

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    Schriftenreihe: Cahier scientifique / CIRANO ; 2021s, 35
    Schlagworte: Pandemic Risk; Nursing Home; Long-Term Care; Savings; Public Policy
    Umfang: 1 Online-Ressource (circa 59 Seiten), Illustrationen
  2. Nursing home aversion post-pandemic
    implications for savings and long-term care policy
    Erschienen: September 2021
    Verlag:  Retirement and Savings Institute, [Montréal]

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    Schriftenreihe: Working paper / Institut sur la retraite et l'épargne, HEC Montréal ; no. 7
    Schlagworte: Pandemic Risk; Nursing Home; Long-Term Care; Savings; Public Policy
    Umfang: 1 Online-Ressource (circa 58 Seiten), Illustrationen
  3. Nursing home aversion post-pandemic
    implications for savings and long-term care policy
    Erschienen: September 2021
    Verlag:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    COVID-19 outbreaks at nursing homes during the recent pandemic, which received ample media coverage, may have lasting negative impacts on individuals’ perceptions regarding nursing homes. We argue that this could have sizable and persistent... mehr

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    COVID-19 outbreaks at nursing homes during the recent pandemic, which received ample media coverage, may have lasting negative impacts on individuals’ perceptions regarding nursing homes. We argue that this could have sizable and persistent implications for savings and long-term care policies. We first develop a theoretical model predicting that higher nursing home aversion should induce higher savings and stronger support for policies subsidizing home care. We further document, based on a survey on Canadians in their 50s and 60s, that higher nursing home aversion is widespread: 72% of respondents are less inclined to enter a nursing home because of the pandemic. Consistent with our model, we find that the latter are much more likely to have higher intended savings for older age because of the pandemic. We also find that they are more likely to strongly support home care subsidies.

     

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    hdl: 10419/245476
    Schriftenreihe: CESifo working paper ; no. 9295 (2021)
    Schlagworte: pandemic risk; nursing home; long-term care; savings; public policy
    Umfang: 1 Online-Ressource (circa 58 Seiten), Illustrationen
  4. Nursing home aversion post-pandemic
    implications for savings and long-term care policy
    Erschienen: [2021]
    Verlag:  [ESG UQÀM, Département des sciences économiques, École des sciences de la gestion, Université du Québec à Montréal], [Montréal]

    COVID-19 outbreaks at nursing homes during the recent pandemic, which received ample media coverage, may have lasting negative impacts on individuals’ perceptions regarding nursing homes. We argue that this could have sizable and persistent... mehr

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    COVID-19 outbreaks at nursing homes during the recent pandemic, which received ample media coverage, may have lasting negative impacts on individuals’ perceptions regarding nursing homes. We argue that this could have sizable and persistent implications for savings and long-term care policies. We first develop a theoretical model predicting that higher nursing home aversion should induce higher savings and stronger support for policies subsidizing home care. We further document, based on a survey on Canadians in their 50s and 60s, that higher nursing home aversion is widespread: 72% of respondents are less inclined to enter a nursing home because of the pandemic. Consistent with our model, we find that the latter are much more likely to have higher intended savings for older age because of the pandemic. We also find that they are more likely to strongly support home care subsidies.

     

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    Schriftenreihe: Document de travail / ESG UQÀM, Département des sciences économiques, École des sciences de la gestion, Université du Québec à Montréal ; no. 2021, 08 (Septembre 2021)
    Schlagworte: Pandemic Risk; Nursing Home; Long-Term Care; Savings; Public Policy
    Umfang: 1 Online-Ressource (circa 58 Seiten), Illustrationen
  5. Nursing home aversion post-pandemic
    implications for savings and long-term care policy
    Erschienen: September 2021
    Verlag:  Toulouse School of Economics, [Toulouse]

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    Schriftenreihe: Working papers / Toulouse School of Economics ; no 1249
    Schlagworte: Pandemic Risk; Nursing Home; Long-Term Care; Savings; Public Policy
    Umfang: 1 Online-Ressource (circa 57 Seiten), Illustrationen
  6. "Environmental policy with green consumerism"
    Erschienen: July 2020
    Verlag:  Toulouse School of Economics, [Toulouse]

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    Schriftenreihe: Working papers / Toulouse School of Economics ; no 1124
    Umfang: 1 Online-Ressource (circa 46 Seiten), Illustrationen
  7. Pricing and efficiency decisions for letter and parcel markets when industrial relations matter
    Erschienen: [2017]
    Verlag:  Toulouse School of Economics, [Toulouse]

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    Schriftenreihe: Working papers / Toulouse School of Economics ; no TSE-822 (June 2017)
    Schlagworte: Postsektor; Posttarif; Preismanagement; Arbeitsbeziehungen
    Umfang: 1 Online-Ressource (circa 15 Seiten), Illustrationen
  8. Environmental policy with green consumerism
    Erschienen: July 2020
    Verlag:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    Is green consumerism beneficial to the environment and the economy? To shed light on this question, we study the political economy of environmental regulations in a model with neutral and green consumers where the latter derive some warm glow from... mehr

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    Is green consumerism beneficial to the environment and the economy? To shed light on this question, we study the political economy of environmental regulations in a model with neutral and green consumers where the latter derive some warm glow from buying a good of higher environmental quality produced by a profit-maximizing monopoly, while the good bought by neutral consumers is provided by a competitive fringe. Consumers unanimously vote for a standard set at a lower than first-best level, or for a tax delivering the first-best environmental protection level. Despite its under-provision of environmental protection, the standard dominates the tax from a welfare perspective due to its higher productive efficiency, i.e., a smaller gap between the environmental qualities of the two goods supplied. In stark contrast, voters unanimously prefer a tax to a standard when the willingness to pay for greener goods is small enough

     

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    hdl: 10419/223529
    Schriftenreihe: CESifo working paper ; no. 8457 (2020)
    Umfang: 1 Online-Ressource (circa 47 Seiten), Illustrationen
  9. Cloturing deliberation
    Erschienen: February, 2021
    Verlag:  University of Luxemborg, Faculty of Law, Economics and Finance, Luxembourg

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    Weitere Identifier:
    hdl: 10993/46112
    Schriftenreihe: Array ; 2021, 03
    Schlagworte: Cloture; deliberation; obstruction; pivots; political failure; stability; voting
    Umfang: 1 Online-Ressource (circa 34 Seiten)
  10. Environmental policy with green consumerism
    Erschienen: 2020
    Verlag:  ifo Institute, Munich, Germany

    Is green consumerism beneficial to the environment and the economy? To shed light on this question, we study the political economy of environmental regulations in a model with neutral and green consumers where the latter derive some warm glow from... mehr

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    Is green consumerism beneficial to the environment and the economy? To shed light on this question, we study the political economy of environmental regulations in a model with neutral and green consumers where the latter derive some warm glow from buying a good of higher environmental quality produced by a profit-maximizing monopoly, while the good bought by neutral consumers is provided by a competitive fringe. Consumers unanimously vote for a standard set at a lower than first-best level, or for a tax delivering the first-best environmental protection level. Despite its under-provision of environmental protection, the standard dominates the tax from a welfare perspective due to its higher productive efficiency, i.e., a smaller gap between the environmental qualities of the two goods supplied. In stark contrast, voters unanimously prefer a tax to a standard when the willingness to pay for greener goods is small enough.

     

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    hdl: 10419/233794
    Schriftenreihe: EconPol working paper ; vol. 4, 49 (2020, December)
    Schlagworte: environmental regulation; corporate social responsibility; green consumerism; product differentiation; tax; standard; green label; political economy
    Umfang: 1 Online-Ressource (circa 48 Seiten), Illustrationen
  11. Welfare impacts of genetic testing in health insurance markets
    will cross-subsidies survive? = Consecuencias de las pruebas geneticas en los mercados de seguros de salud
    Erschienen: [2019]
    Verlag:  CEDE, Centro de Estudios sobre Desarrollo Económico, Bogotá, D.C., Colombia

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    Schriftenreihe: Documentos CEDE ; 2019, no. 13 (febrero de 2019)
    Umfang: 45 Seiten
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  12. A game-theoretic analysis of childhood vaccination behavior
    Nash versus Kant
    Erschienen: December 2021
    Verlag:  Universitat Pompeu Fabra, Department of Economics and Business, Barcelona

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    Schriftenreihe: Economics working paper series ; no. 1808
    Schlagworte: Kantian equilibrium; Nash equilibrium; vaccination; social norm
    Umfang: 1 Online-Ressource (circa 45 Seiten), Illustrationen
  13. "A game-theoretic analysis of childhood vaccination behavior
    Nash versus Kant"
    Erschienen: January 2022
    Verlag:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    Whether or not to vaccinate one’s child is a decision that a parent may approach in several ways. The vaccination game, in which parents must choose whether to vaccinate a child against a disease, is one with positive externalities (herd immunity).... mehr

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    Whether or not to vaccinate one’s child is a decision that a parent may approach in several ways. The vaccination game, in which parents must choose whether to vaccinate a child against a disease, is one with positive externalities (herd immunity). In some societies, not vaccinating is an increasingly prevalent behavior, due to deleterious side effects that parents believe may accompany vaccination. The standard game-theoretic approach assumes that parents make decisions according to the Nash behavioral protocol, which is individualistic and non-cooperative. Because of the positive externality that each child’s vaccination generates for others, the Nash equilibrium suffers from a free-rider problem. However, in more solidaristic societies, parents may behave cooperatively –they may optimize according to the Kantian protocol, in which the equilibrium is efficient. We test, on a sample of six countries, whether childhood vaccination behavior conforms better to the individualistic or cooperative protocol. In order to do so, we conduct surveys of parents in these countries, to ascertain the distribution of beliefs concerning the subjective probability and severity of deleterious side effects of vaccination. We show that in all the countries of our sample the Kant model dominates the Nash model. We conjecture that, due to the free-rider problem inherent in the Nash equilibrium, a social norm has evolved, quite generally, inducing parents to vaccinate with higher probability than they would in the non-cooperative solution. Kantian equilibrium offers one precise version of such a social norm.

     

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    hdl: 10419/252024
    Schriftenreihe: CESifo working paper ; no. 9507 (2022)
    Schlagworte: Kantian equilibrium; Nash equilibrium; vaccination; social norm
    Umfang: 1 Online-Ressource (circa 46 Seiten), Illustrationen
  14. A game-theoretic analysis of childhood vaccination behavior
    Nash versus Kant
    Erschienen: [2021]
    Verlag:  BSE, Barcelona School of Economics, [Barcelona]

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    Schriftenreihe: BSE working paper ; 1305 (December 2021)
    Schlagworte: Kantian equilibrium; Nash equilibrium; vaccination; social norm
    Umfang: 1 Online-Ressource (circa 45 Seiten), Illustrationen
  15. A game-theoretic analysis of childhood vaccination behavior
    Nash versus Kant
    Erschienen: 2021
    Verlag:  Cowles Foundation for Research in Economics, Yale University, New Haven, Connecticut

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    Schriftenreihe: Cowles Foundation discussion paper ; no. 2317 (December 2021)
    Schlagworte: Kantian equilibrium; Nash equilibrium; vaccination; social norm
    Umfang: 1 Online-Ressource (circa 45 Seiten), Illustrationen
  16. A game-theoretic analysis of childhood vaccination behavior
    Nash versus Kant
    Erschienen: December 2021
    Verlag:  [Toulouse School of Economics], [Toulouse]

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    Schriftenreihe: Working papers / Toulouse School of Economics ; no 1278
    Schlagworte: Kantian equilibrium; Nash equilibrium; vaccination; social norm
    Umfang: 1 Online-Ressource (circa 45 Seiten), Illustrationen
  17. Advantageous selection with moral hazard (with an application to life care annuities)
    Erschienen: Mai 2022
    Verlag:  Département des Sciences Économiques, Université du Québec à Montréal, Montréal, (Québec), Canada

    Advantageous (or propitious) selection occurs when an increase in the premium of an insurance contract induces high-cost agents to quit, thereby reducing the average cost among remaining buyers. Hemenway (1990) and many subsequent contributions... mehr

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    Advantageous (or propitious) selection occurs when an increase in the premium of an insurance contract induces high-cost agents to quit, thereby reducing the average cost among remaining buyers. Hemenway (1990) and many subsequent contributions motivate its advent by differences in risk-aversion among agents, implying different prevention efforts. We argue that it may also appear in the absence of moral hazard, when agents only differ in riskiness and not in (risk) preferences. We first show that profit-maximization implies that advantageous selection is more likely when markup rates and the elasticity of insurance demand are high. We then move to standard settings satisfying the single-crossing property and show that advantageous selection may occur when several contracts are offered, when agents also face a non-insurable background risk, or when agents face two mutually exclusive risks that are bundled together in a single insurance contract. We exemplify this last case with life care annuities, a product which bundles long-term care insurance and annuities, and we use Canadian survey data to provide an example of a contract facing advantageous selection.

     

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    hdl: 10419/264156
    Schriftenreihe: Working paper / ESG UQÀM, Département des sciences économiques, École des sciences de la gestion, Université du Québec à Montréal ; no. 2022, 04 (Avril 2022)
    Schlagworte: Propitious selection; positive or negative correlation property; contract bundling; long-term care insurance; annuity
    Umfang: 1 Online-Ressource (circa 33 Seiten), Illustrationen
  18. Long-term care insurance
    information frictions and selection
    Erschienen: [2019]
    Verlag:  Toulouse School of Economics, [Toulouse]

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    Schriftenreihe: Working papers / Toulouse School of Economics ; no 1034 (19)
    Umfang: 1 Online-Ressource (circa 65 Seiten), Illustrationen
  19. Welfare impacts of genetic testing in health insurance markets
    will cross‐subsidies survive?
    Erschienen: [2019]
    Verlag:  Toulouse School of Economics, [Toulouse]

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    Schriftenreihe: Working papers / Toulouse School of Economics ; no TSE-1035 (September 2019)
    Umfang: 1 Online-Ressource (circa 54 Seiten), Illustrationen
  20. Long term care insurance with state-dependent preferences
    Erschienen: [2019]
    Verlag:  Toulouse School of Economics, [Toulouse]

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    Schriftenreihe: Working papers / Toulouse School of Economics ; no 1061 (December 2019)
    Umfang: 1 Online-Ressource (circa 25 Seiten)
  21. How is the trade-off between adverse selection and discrimination risk affected by genetic testing?
    theory and experiment
    Erschienen: [2017]
    Verlag:  Toulouse School of Economics, [Toulouse]

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    Schriftenreihe: Working papers / Toulouse School of Economics ; no 777 (17)
    Umfang: 1 Online-Ressource (circa 48 Seiten), Illustrationen
  22. Long term care insurance with state-dependent preferences
    Erschienen: [2019]
    Verlag:  CORE, Louvain-la-Neuve

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    Weitere Identifier:
    hdl: 2078.1/224769
    Schriftenreihe: CORE discussion papers ; 2019, 32
    Umfang: 1 Online-Ressource (circa 26 Seiten)
  23. Electoral competition and party positioning
    Erschienen: [2017]
    Verlag:  Toulouse School of Economics, [Toulouse]

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    Schriftenreihe: Working papers / Toulouse School of Economics ; no 17-760 (January 2017)
    Umfang: 1 Online-Ressource (circa 76 Seiten)
  24. At home versus in a nursing home
    long-term care settings and marginal utility
    Erschienen: [2023]
    Verlag:  CIRANO, [Montréal]

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    Schriftenreihe: Working paper / CIRANO ; 2023s, 14
    Schlagworte: Long-term Care; Marginal Utility; Home Care; Nursing Home; Savings
    Umfang: 1 Online-Ressource (circa 109 Seiten), Illustrationen
  25. Advantageous selection without moral hazard
    (with an application to life care annuities)
    Erschienen: May 2022
    Verlag:  Chaire de recherche sur les enjeux économiques intergénérationnels, [Montréal]

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    Schriftenreihe: Working paper / Chaire de recherche sur les enjeux économiques intergénérationnels ; 22, 03
    Schlagworte: Propitious selection; positive or negative correlation property; contract bundling; long-term care insurance; annuity
    Umfang: 1 Online-Ressource (circa 33 Seiten), Illustrationen