Narrow framing and long-term care insurance
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001 | MAP20200039990 | ||
003 | MAP | ||
005 | 20220911201733.0 | ||
008 | 201223e20201201usa|||p |0|||b|eng d | ||
040 | $aMAP$bspa$dMAP | ||
084 | $a34 | ||
100 | $0MAPA20200024323$aGottlieb, Daniel | ||
245 | 1 | 0 | $aNarrow framing and long-term care insurance$cDaniel Gottlieb, Olivia S. Mitchell |
520 | $aWe propose a model of narrow framing in insurance and test it using data from a new module we designed and fielded in the Health and Retirement Study. We show that respondents subject to narrow framing are substantially less likely to buy long-term care insurance than average. This effect is much larger than the effects of risk aversion or adverse selection, and it offers a new explanation for why people underinsure their later-life care needs. | ||
650 | 4 | $0MAPA20080603786$aSeguro de dependencia | |
650 | 4 | $0MAPA20080550592$aEncuestas | |
650 | 4 | $0MAPA20080594671$aAnálisis estadístico | |
650 | 4 | $0MAPA20080598358$aProductos de seguros | |
700 | 1 | $0MAPA20080249960$aMitchell, Olivia S. | |
773 | 0 | $wMAP20077000727$tThe Journal of risk and insurance$dNueva York : The American Risk and Insurance Association, 1964-$x0022-4367$g01/12/2020 Volumen 87 Número 4 - diciembre 2020 , p. 861-893 |