Health econometrics / Badi H. Baltagi, Francesco Moscone.

Includes bibliographical references and index.

Online resource; title from PDF title page (EBSCO, viewed May 23, 2018).

Front Cover; Contributionsto Economic Analysis 294; Health Econometrics; Copyright Page; Contents; List of Contributors; Editors' Introduction; Summary of the Chapters; References; Acknowledgments; CHAPTER 1 Experimental Methods and Behavioral Insights in Health Economics: Estimating Risk and Time Preferences in Health; 1.1. Introduction; 1.2. Randomized controlled trials and experiments in health economics; 1.3. Measuring risk and time preferences in health: a review of methods; 1.3.1. Measuring risk taking in health; 1.3.2. Measuring time preferences in health.

1.4. Jointly eliciting and estimating risk and time preferences: the behavioral econometrics approach1.4.1. General framework; 1.4.2. An identification problem; 1.4.3. Choice under risk; 1.4.4. Individual discounting; 1.4.5. Experimental design and experimental tests; 1.4.6. Econometrics; 1.4.7. Applications to health; 1.5. Conclusions; References; CHAPTER 2 Subjective Expectations of Medical Expenditures and Insurance in Rural Ethiopia; 2.1. Introduction; 2.2. Sample and survey instrument; 2.2.1. Sampling design; 2.2.2. Belief elicitation; 2.2.3. Medical expenditure data.

2.3. Validity of subjective probability data2.3.1. Response rates; 2.3.2. Illogical responses; 2.3.3. Distribution of responses; 2.4. Comparison of forecasts and realizations; 2.4.1. Moments of forecast medical expenditure distributions; 2.4.2. Correlation between expected and realized expenditures; 2.5. Face validity and the formation of expectations; 2.5.1. Predictors of the household-specific mean; 2.5.2. Revisions to expectations; 2.6. Predictive value of expectations; 2.7. Do expectations influence the decision to insure?; 2.8. Conclusion; Acknowledgements; References.

CHAPTER 3 Social Insurance and Health3.1. Introduction; 3.2. Social insurance and health: the health econometric evidence; 3.2.1. A brief review of the empirical methods; 3.2.2. Measurement of health; 3.2.2.1. Subjective self-reported health measures; 3.2.2.2. Objective health measures; 3.2.2.3. Quality-related life measures and vignettes; 3.2.3. Health insurance and health; 3.2.3.1. RAND Health Insurance Experiment; 3.2.3.2. Oregon health insurance experiment; 3.2.3.3. Other evidence; 3.2.4. Sick leave insurance and rehabilitation; 3.2.5. Accident insurance ("workers compensation").

3.2.6. Disability insurance3.2.7. Long-term care insurance; 3.2.8. Unemployment insurance; 3.2.9. Statutory pension insurance; 3.3. Discussion and conclusion; Acknowledgments; References; Chapter 4 Discrete Choice Methods in Health Economics; 4.1. Introduction; 4.2. The workhorse models: multinomial and mixed logit; 4.3. Scale heterogeneity; 4.4. Estimation in willingness to pay space; 4.5. Attribute non-attendance; 4.6. Conclusion; References; CHAPTER 5 Migration, Health, and Well-being: Models and Methods; 5.1. Introduction; 5.2. Understanding immigrant health trajectories.

This volume covers a wide range of existing and emerging topics in applied health economics, including behavioural economics, medical care risk, social insurance, discrete choice models, cost-effectiveness analysis, health and immigration, and more.

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