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The Risk Protection Value of Moral Hazard
Victoria Marone, Yale University
Health insurance lowers the out-of-pocket price of healthcare, and it is well-established that this leads to higher utilization of care....
Identification and Estimation of Discrete Choice Demand Models when Observed and Unobserved Characteristics are Correlated
Amil Petrin, University of Minnesota
The standard Berry, Levinsohn, and Pakes (1995) (BLP) approach to estimation of demand and supply parameters assumes that the product...