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https://hdl.handle.net/10419/35114
Kompletter Metadatensatz
DublinCore-Feld | Wert | Sprache |
---|---|---|
dc.contributor.author | Neumann, Einat | en |
dc.contributor.author | Neuman, Shoshana | en |
dc.date.accessioned | 2008-06-27 | - |
dc.date.accessioned | 2010-07-07T11:33:46Z | - |
dc.date.available | 2010-07-07T11:33:46Z | - |
dc.date.issued | 2007 | - |
dc.identifier.uri | http://hdl.handle.net/10419/35114 | - |
dc.description.abstract | A Discrete Choice Experiment (DCE) in the health-care sector is used to test the loss aversion theory that is derived from reference-dependent preferences: The absolute subjective value of a deviation from a reference point is generally greater when the deviation represents a loss than when the same-sized change is perceived as a gain. As far as is known, this paper is the first to use a DCE to test the loss aversion theory. A DCE appears to be a highly suitable tool for this testing because it estimates the marginal valuations of attributes, based on deviations from a reference point (a constant scenario). Moreover, loss aversion can be examined for each attribute separately. A DCE can also be applied to non-traded goods with non-tangible attributes. A health-care event is used for empirical illustration: The loss aversion theory is tested within the context of preference structures for maternity-ward attributes, estimated using data entailing 3850 observations from a sample of 542 women who recently gave birth. Seven hypotheses are presented and tested. Overall, significant support for behavioral loss aversion theories was found. | en |
dc.language.iso | eng | en |
dc.publisher | |aInstitute for the Study of Labor (IZA) |cBonn | en |
dc.relation.ispartofseries | |aIZA Discussion Papers |x3238 | en |
dc.subject.jel | D01 | en |
dc.subject.ddc | 360 | en |
dc.subject.keyword | Preferences | en |
dc.subject.keyword | attributes | en |
dc.subject.keyword | loss aversion | en |
dc.subject.keyword | reference-dependence | en |
dc.subject.keyword | discrete choice experiment | en |
dc.subject.keyword | maternity-wards | en |
dc.subject.stw | Gesundheitsversorgung | en |
dc.subject.stw | Krankenhaus | en |
dc.subject.stw | Frauen | en |
dc.subject.stw | Dienstleistungsqualität | en |
dc.subject.stw | Bewertung | en |
dc.subject.stw | Vergleich | en |
dc.subject.stw | Unvollkommene Information | en |
dc.subject.stw | Diskrete Entscheidung | en |
dc.subject.stw | Israel | en |
dc.title | Reference-dependent preferences and loss aversion: a discrete choice experiment in the health-care sector | - |
dc.type | |aWorking Paper | en |
dc.identifier.ppn | 559866445 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
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