People often make decisions in health care that are not in their best interest, ranging from
failing to enroll in health insurance to which they are entitled, to engaging in extremely …

Winner of the 2020 Outstanding Book Award Presented by the Public and Nonprofit Section
of the National Academy of Management Winner of the 2019 Louis Brownlow Book Award …

Context Medicare Part C, or Medicare Advantage (MA), now almost 30 years old, has
generally been viewed as a policy disappointment. Enrollment has vacillated but has never …

One means by which the state reinforces inequality is by imposing administrative burdens
that loom larger for citizens with lower levels of human capital. Integrating insights from …

The US health-care sector is large and growing—health-care spending in 2011 amounted to
$2.7 trillion and 18 percent of GDP. Approximately half of health-care output is allocated via …

Consideration set models generalize discrete-choice models by relaxing the assumption
that consumers consider all available options. Determining which options were considered …

Stated preference elicitation methods collect data on consumers by" just asking" about
tastes, perceptions, valuations, attitudes, motivations, life satisfactions, and/or intended …

Abstract The Medicare Part D program relies on consumer choice to provide insurers with
incentives to offer low‐priced, high‐quality pharmaceutical insurance plans. We …

We study the demand response to nonlinear price schedules using data on insurance
contracts and prescription drug purchases in Medicare Part D. We exploit the kink in …

Consumers' health plan choices are highly persistent even though optimal plans change
over time. This paper separates two sources of inertia, inattention to plan choice and …