東華大學圖書館 |

Language: English

Help

回圖書館首頁

手機版館藏查詢

Back

Switch To: Labeled | MARC Mode | ISBD

Three Essays on Decision Making in I...

Xu, Lin.

Linked to FindBook

Google Book

Amazon

博客來

Three Essays on Decision Making in Insurance Choices.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Three Essays on Decision Making in Insurance Choices./
Author:	Xu, Lin.
Published:	Ann Arbor : ProQuest Dissertations & Theses, : 2018,
Description:	188 p.
Notes:	Source: Dissertation Abstracts International, Volume: 80-01(E), Section: A.
Contained By:	Dissertation Abstracts International80-01A(E).
Subject:	Economic theory. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=10928070
ISBN:	9780438344396

Three Essays on Decision Making in Insurance Choices.
Xu, Lin.

Three Essays on Decision Making in Insurance Choices. - Ann Arbor : ProQuest Dissertations & Theses, 2018 - 188 p.

Source: Dissertation Abstracts International, Volume: 80-01(E), Section: A.

Thesis (Ph.D.)--Cornell University, 2018.

This dissertation consists of three essays on decision making in real and hypothetical insurance contexts and the factors that impact those decisions. Risky and complicated dynamic decisions are virtually unavoidable in health and property insurance contexts, and these studies help us to gain a greater understanding of how individuals respond and their underlying preferences.

ISBN: 9780438344396Subjects--Topical Terms:

1556984
Economic theory.

Three Essays on Decision Making in Insurance Choices.
LDR:03303nmm a2200325 4500 001 2201688
005 20190429091135.5
008 201008s2018 ||||||||||||||||| ||eng d
020 $a 9780438344396
035 $a (MiAaPQ)AAI10928070
035 $a (MiAaPQ)cornellgrad:11049
035 $a AAI10928070
040 $a MiAaPQ $c MiAaPQ
100 1 $a Xu, Lin. $3 3428410
245 1 0 $a Three Essays on Decision Making in Insurance Choices.
260 1 $a Ann Arbor : $b ProQuest Dissertations & Theses, $c 2018
300 $a 188 p.
500 $a Source: Dissertation Abstracts International, Volume: 80-01(E), Section: A.
500 $a Adviser: Ted O'Donoghue.
502 $a Thesis (Ph.D.)--Cornell University, 2018.
520 $a This dissertation consists of three essays on decision making in real and hypothetical insurance contexts and the factors that impact those decisions. Risky and complicated dynamic decisions are virtually unavoidable in health and property insurance contexts, and these studies help us to gain a greater understanding of how individuals respond and their underlying preferences.
520 $a In Chapter 1, I examine prescription-drug purchasing behavior of enrollees in Medicare Part D, and in particular I study the extent to which their behavior changes in anticipation of uncertain but predictable changes in insurance-coverage generosity. I develop a simple heuristic model that illustrates how enrollees ought to behave. The model predicts that any changes in spending should be smooth and occur far in advance of changes in insurance-coverage generosity (except at the end of the year). I then find empirical evidence that enrollees do anticipate and respond more optimally to the Medicare Part D pricing schedule than suggested by prior literature.
520 $a In Chapter 2, with coauthors, I conduct a novel experiment to understand how risk preferences in insurance contexts differ between the lab and the field. We employ an experimental setting to identify objective versus subjective beliefs and to evaluate how ambiguity might contribute to those beliefs. We find that, similar to prior work using field data, subjects are virtually risk-neutral and probability distortions are an important factor to explain behavior; however, there is more heterogeneity in probability distortions in the lab. We further find that subjects respond to ambiguity by making less risky choices, and their preferences may be consistent with maxmin utility.
520 $a Finally, in Chapter 3, with coauthors, I examine the stability of risk preferences across contexts involving different stakes. Using data on households' deductible choices in three property-insurance coverages and their limit choices in two liability- insurance coverages, we assess the stability across the five contexts in the ordinal ranking of the households' willingness to bear risk. We find evidence of stability across contexts involving stakes of the same magnitude, but not across contexts involving stakes of very different magnitudes. Our results appear to be robust to heterogeneity in wealth and access to credit.
590 $a School code: 0058.
650 4 $a Economic theory. $3 1556984
690 $a 0511
710 2 $a Cornell University. $b Economics. $3 3341359
773 0 $t Dissertation Abstracts International $g 80-01A(E).
790 $a 0058
791 $a Ph.D.
792 $a 2018
793 $a English
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=10928070