Adverse Selection and Inertia in Health Insurance Markets: When Nudging Hurts.

By Benjamin R. Handel. The American Economic Review, 2013

707 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, General Health Professions

View Paper: https://www.semanticscholar.org/paper/a3e7ff4d383529b4c8228a3ab62636acefbc2669

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

In Economics and Econometrics

In General Health Professions

Citations in the corpus

Power to Choose? An Analysis of Consumer Inertia in the Residential Electricity Market (2015, neutral): “[2010], Neilson [2013] and Hastings and Weinstein [2008] on school choice and the effects of information provision.”
Overconfident Consumers in the Marketplace (2015, background): “While improving individual decision making, nudges may still fail to help or even harm consumers when firms’ equilibrium responses are accounted for (Grubb, 2015; Grubb & Osborne, 2015; Handel, 2013; Mullainathan, Schwartzstein, & Congdon, 2012; Spiegler, 2014).”
Nudging in education (2018, background): “Recent empirical work suggests that nudges sometimes backfire from a social welfare perspective (see e.g. Carroll, Choi, Laibson, Madrian, & Metrick, 2009; Handel, 2013; Damgaard & Gravert, 2018).”
Regulation of Insurance with Adverse Selection and Switching Costs: Evidence from Medicare Part D (2015, background): “Handel (2013) estimates the switching costs to be about $2, 000 in the context of employer-provided health insurance; Nosal (2012) estimates the switching cost in Medicare Advantage health plans for seniors to be about $4, 000.”
The Economist as Plumber (2017, background): “Those proposals are quite detailed, and they draw from a substantial academic literature (to which Handel and Kostad have contributed before). Because the proposals are realistic, they need to tackle issues that are beyond the simple observations that consumers are ill-informed and tend to be charac”
Nudging for Tax Compliance: A Meta-Analysis (2019, positive): “…intact (Benartzi et al. 2017),1 and they have been studied in many important policy areas such as education (Dizon-Ross 2019), healthcare (Wisdom et al. 2010), environment (Costa and Kahn 2013), finance (Handel 2013), savings decisions (Blumenstock et al. 2018, Karlan et al. 2016), among others.”
Usage-Based Pricing and Demand for Residential Broadband (2016, background): “Handel (2013) shows that consumers similarly fail to switch out of plans whose characteristics render them dominated.”