| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5059586 | Economics Letters | 2013 | 5 Pages |
Abstract
⺠We examine the role of risk aversion in the Medicare Part D enrollment decision. ⺠We use hypothetical lotteries to measure risk preferences in the gain and loss domain. ⺠The lottery in the loss domain is framed in an insurance context. ⺠Risk tolerance with respect to losses is significantly related to non-enrollment.
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Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Stefan Vetter, Florian Heiss, Daniel McFadden, Joachim Winter,