Unintended Consequences/Perverse Incentives
Posted: June 8, 2012 Filed under: Incentives, Uncategorized, Unintended Consequences Leave a comment »Sent to you via Google Reader
Unintended Consequences/Perverse Incentives
Incentives Matter | The Agitator
Posted: August 23, 2011 Filed under: Incentives, Uncategorized Leave a comment »http://www.theagitator.com/2011/08/22/incentives-matter/
Division of Labour: Incentives Matter: Death Tax Edition
Posted: November 1, 2010 Filed under: Incentives, Uncategorized Leave a comment »http://divisionoflabour.com/archives/007448.php
One Game Machine Per Child
Posted: March 29, 2010 Filed under: Incentives, Uncategorized, Unintended Consequences Leave a comment »Sent to you via Google Reader
One Game Machine Per Child
The Effect of Health Insurance Coverage on the Use of Medical Services
Posted: March 22, 2010 Filed under: Health Care, Health Insurance, Incentives, Supply and Demand Leave a comment »http://papers.nber.org/papers/w15823#fromrss
“Substantial uncertainty exists regarding the causal effect of health insurance on the utilization of care. Most studies cannot determine whether the large differences in healthcare utilization between the insured and the uninsured are due to insurance status or to other unobserved differences between the two groups. In this paper, we exploit a sharp change in insurance coverage rates that results from young adults “aging out” of their parents’ insurance plans to estimate the effect of insurance coverage on the utilization of emergency department (ED) and inpatient services. Using the National Health Interview Survey (NHIS) and a census of emergency department records and hospital discharge records from seven states, we find that aging out results in an abrupt 5 to 8 percentage point reduction in the probability of having health insurance. We find that not having insurance leads to a 40 percent reduction in ED visits and a 61 percent reduction in inpatient hospital admissions. The drop in ED visits and inpatient admissions is due entirely to reductions in the care provided by privately owned hospitals, with particularly large reductions at for profit hospitals. The results imply that expanding health insurance coverage would result in a substantial increase in care provided to currently uninsured individuals.”
NFL Overtime and Economic Policy
Posted: March 5, 2010 Filed under: Incentives, Lucas Critique, Methodology, Unintended Consequences Leave a comment »http://www.thefreemanonline.org/headline/9338429/
Incentives Matter: Unemployment Benefits and Job Search Intensity
Posted: February 27, 2010 Filed under: Incentives, Unemployment, Unemployment Benefits, Welfare Leave a comment »http://divisionoflabour.com/archives/006873.php
“This paper provides new evidence on job search intensity of the unemployed in the U.S., modeling job search intensity as time allocated to job search activities. The major findings are: 1) the average U.S. unemployed worker devotes about 41 min to job search on weekdays, which is substantially more than their European counterparts; 2) workers who expect to be recalled by their previous employer search substantially less than the average unemployed worker; 3) across the 50 states and D.C., job search is inversely related to the generosity of unemployment benefits, with an elasticity between −1.6 and −2.2; 4) job search intensity for those eligible for Unemployment Insurance (UI) increases prior to benefit exhaustion; and 5) time devoted to job search is fairly constant regardless of unemployment duration for those who are ineligible for UI.”
“Rubbin’ is racin”’: evidence of the Peltzman effect from NASCAR
Posted: February 17, 2010 Filed under: Incentives, Unintended Consequences Leave a comment »Abstract The Peltzman Effect is a well known and controversial theory in the literature. Studies have struggled to find a dataset that can accurately test for the presence of the effect. We have created a unique dataset and use a natural experiment from the sport of stock car racing to test the theory. Using race-level data from NASCAR events, we find strong evidence that a major safety regulation has led to more on-track accidents and an increased risk to both spectators and pit crew members.
http://www.springerlink.com/content/l82457p170v88261/
Peltzman – Automobile Safety Regulation
Posted: February 8, 2010 Filed under: Incentives, Regulation, Unintended Consequences Leave a comment »http://ideas.repec.org/a/ucp/jpolec/v83y1975i4p677-725.html
