Matches in SemOpenAlex for { <https://semopenalex.org/work/W15064511> ?p ?o ?g. }
- W15064511 abstract "This dissertation consists of two essays in economics of industrial organization on private Medicare insurance markets. In the first chapter, together with Naoki Aizawa, we study the incentives for private health insurers to use advertising to attract healthy individuals in the market for private Medicare plans called Medicare Advantage (MA). Using data on the advertising expenditures of MA plans, individual-level and county-level MA enrollment, we document a large difference in an insurer's potential profits from healthy vs. unhealthy individuals. We then develop and estimate an equilibrium model of the MA market, which incorporates strategic advertising by insurers. Parameter estimates show that advertising has much larger effects on the demand of the healthy. We find that advertising accounts for 15% of the selection of healthier individuals into Medicare Advantage. In the second chapter, I study how consumer search frictions affect adverse selection and competition in the Medicare Supplement Insurance (Medigap) market. Using data on individual-level and market-level Medigap enrollment and claim costs, I estimate an equilibrium model of the Medigap market, which incorporates consumer search frictions and adverse selection. Parameter estimates show that search frictions are significant and that unhealthy consumers tend to face greater search costs. I find that the correlation between search costs and health risks reduces the extent of adverse selection by keeping unhealthy consumers with high search costs outside the market. In a counterfactual experiment where the government provides more information on available options, I find that the extent of adverse selection increases and that healthy individuals become worse off. Degree Type Dissertation Degree Name Doctor of Philosophy (PhD) Graduate Group Economics First Advisor Hanming Fang" @default.
- W15064511 created "2016-06-24" @default.
- W15064511 creator A5017831069 @default.
- W15064511 date "2014-01-01" @default.
- W15064511 modified "2023-09-27" @default.
- W15064511 title "Essays on Private Medicare Insurance Markets" @default.
- W15064511 cites W1479855771 @default.
- W15064511 cites W1499796422 @default.
- W15064511 cites W1545136997 @default.
- W15064511 cites W1581902747 @default.
- W15064511 cites W1969440363 @default.
- W15064511 cites W1971621787 @default.
- W15064511 cites W1978907431 @default.
- W15064511 cites W1990922874 @default.
- W15064511 cites W1994318179 @default.
- W15064511 cites W2003050740 @default.
- W15064511 cites W2003806748 @default.
- W15064511 cites W2023048257 @default.
- W15064511 cites W2025259039 @default.
- W15064511 cites W2025367980 @default.
- W15064511 cites W2025547074 @default.
- W15064511 cites W2025632738 @default.
- W15064511 cites W2026249426 @default.
- W15064511 cites W2038525465 @default.
- W15064511 cites W2039642656 @default.
- W15064511 cites W2045570892 @default.
- W15064511 cites W2046279784 @default.
- W15064511 cites W2056980796 @default.
- W15064511 cites W2079816493 @default.
- W15064511 cites W2093714429 @default.
- W15064511 cites W2095699306 @default.
- W15064511 cites W2098665098 @default.
- W15064511 cites W2107256417 @default.
- W15064511 cites W2112341467 @default.
- W15064511 cites W2115033532 @default.
- W15064511 cites W2121034459 @default.
- W15064511 cites W2128457684 @default.
- W15064511 cites W2132942366 @default.
- W15064511 cites W2135787192 @default.
- W15064511 cites W2139082397 @default.
- W15064511 cites W2158010371 @default.
- W15064511 cites W2165773602 @default.
- W15064511 cites W2168802503 @default.
- W15064511 cites W2171744176 @default.
- W15064511 cites W2232574933 @default.
- W15064511 cites W26517845 @default.
- W15064511 cites W2891060713 @default.
- W15064511 cites W3022196478 @default.
- W15064511 cites W3121444961 @default.
- W15064511 cites W3121510792 @default.
- W15064511 cites W3121818843 @default.
- W15064511 cites W3122113849 @default.
- W15064511 cites W3122521644 @default.
- W15064511 cites W3122590067 @default.
- W15064511 cites W3123497570 @default.
- W15064511 cites W3123810956 @default.
- W15064511 cites W3125798251 @default.
- W15064511 cites W3151777252 @default.
- W15064511 hasPublicationYear "2014" @default.
- W15064511 type Work @default.
- W15064511 sameAs 15064511 @default.
- W15064511 citedByCount "1" @default.
- W15064511 countsByYear W150645112020 @default.
- W15064511 crossrefType "journal-article" @default.
- W15064511 hasAuthorship W15064511A5017831069 @default.
- W15064511 hasConcept C100001284 @default.
- W15064511 hasConcept C105795698 @default.
- W15064511 hasConcept C108650721 @default.
- W15064511 hasConcept C111472728 @default.
- W15064511 hasConcept C138885662 @default.
- W15064511 hasConcept C144133560 @default.
- W15064511 hasConcept C162118730 @default.
- W15064511 hasConcept C162324750 @default.
- W15064511 hasConcept C162853370 @default.
- W15064511 hasConcept C175444787 @default.
- W15064511 hasConcept C18903297 @default.
- W15064511 hasConcept C21782646 @default.
- W15064511 hasConcept C2778137410 @default.
- W15064511 hasConcept C29122968 @default.
- W15064511 hasConcept C32252159 @default.
- W15064511 hasConcept C33923547 @default.
- W15064511 hasConcept C41895202 @default.
- W15064511 hasConcept C86803240 @default.
- W15064511 hasConcept C91306197 @default.
- W15064511 hasConcept C99221444 @default.
- W15064511 hasConceptScore W15064511C100001284 @default.
- W15064511 hasConceptScore W15064511C105795698 @default.
- W15064511 hasConceptScore W15064511C108650721 @default.
- W15064511 hasConceptScore W15064511C111472728 @default.
- W15064511 hasConceptScore W15064511C138885662 @default.
- W15064511 hasConceptScore W15064511C144133560 @default.
- W15064511 hasConceptScore W15064511C162118730 @default.
- W15064511 hasConceptScore W15064511C162324750 @default.
- W15064511 hasConceptScore W15064511C162853370 @default.
- W15064511 hasConceptScore W15064511C175444787 @default.
- W15064511 hasConceptScore W15064511C18903297 @default.
- W15064511 hasConceptScore W15064511C21782646 @default.
- W15064511 hasConceptScore W15064511C2778137410 @default.
- W15064511 hasConceptScore W15064511C29122968 @default.
- W15064511 hasConceptScore W15064511C32252159 @default.