Download
Download eBook for Free
| Format | File Size | Notes |
|---|---|---|
| PDF file | 2 MB | Use Adobe Acrobat Reader version 10 or higher for the best experience. |
Purchase
Purchase Print Copy
| Format | List Price | Price | |
|---|---|---|---|
| Add to Cart | Paperback59 pages | $23.00 | $18.40 20% Web Discount |
This Note uses data on families' preferences for insurance to estimate and compare several models of decisionmaking under risk. By characterizing health insurance as a risky prospect and specifying structural models of prospect choice, the models estimated here differ from previous empirical models of health insurance demand in that they can be used to analyze choice among any number of arbitrarily defined plans. The ability to generalize beyond the number and type of plans present in the data is essential for policy analysis, because it permits the examination of policy options outside current experience.
This report is part of the RAND Corporation Note series. The note was a product of the RAND Corporation from 1979 to 1993 that reported other outputs of sponsored research for general distribution.
This document and trademark(s) contained herein are protected by law. This representation of RAND intellectual property is provided for noncommercial use only. Unauthorized posting of this publication online is prohibited; linking directly to this product page is encouraged. Permission is required from RAND to reproduce, or reuse in another form, any of its research documents for commercial purposes. For information on reprint and reuse permissions, please visit www.rand.org/pubs/permissions.
The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.