| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w8589 |
| 来源ID | Working Paper 8589 |
| Learning and the Value of Information: Evidence From Health Plan Report Cards | |
| Michael Chernew; Gautam Gowrisankaran; Dennis P. Scanlon | |
| 发表日期 | 2001-11-01 |
| 出版年 | 2001 |
| 语种 | 英语 |
| 摘要 | We estimate a Bayesian learning model in order to assess the value of health plan performance information and the extent to which the explicit provision of information about product quality alters consumer behavior. We take advantage of a natural experiment in which health plan performance information for HMOs was released to employees of a Fortune 50 company for the first time. Our empirical work indicates that the release of information had a small but statistically significant effect on health plan choices, causing 3.1% of employees to switch health plans. Although consumers were willing to pay an extra $267 per year per below average rating avoided, the average value of the information per employee was only $10 per year. The relatively small impact of the ratings arises because the ratings were estimated to be very imprecise measures of quality. More precise measures of quality could have been more valuable. |
| 主题 | Health, Education, and Welfare ; Health ; Microeconomics ; Economics of Information |
| URL | https://www.nber.org/papers/w8589 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/566195 |
| 推荐引用方式 GB/T 7714 | Michael Chernew,Gautam Gowrisankaran,Dennis P. Scanlon. Learning and the Value of Information: Evidence From Health Plan Report Cards. 2001. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w8589.pdf（2017KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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