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Narrow framing and long-term care insurance

Recurso electrónico / Electronic resource
Registro MARC
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008  201223e20201201usa|||p |0|||b|eng d
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
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100  ‎$0‎MAPA20200024323‎$a‎Gottlieb, Daniel
24510‎$a‎Narrow framing and long-term care insurance‎$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
7001 ‎$0‎MAPA20080249960‎$a‎Mitchell, Olivia S.
7730 ‎$w‎MAP20077000727‎$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