Book/Printed Material Estimating dynamic discrete choice models with hyperbolic discounting, with an application to mammography decisions

Title

• Estimating dynamic discrete choice models with hyperbolic discounting, with an application to mammography decisions

Summary

• "The NBER Bulletin on Aging and Health provides summaries of publications like this. You can sign up to receive the NBER Bulletin on Aging and Health by email. We extend the semi-parametric estimation method for dynamic discrete choice models using Hotz and Miller's (1993) conditional choice probability (CCP) approach to the setting where individuals may have hyperbolic discounting time preferences and may be naive about their time inconsistency. We illustrate the proposed estimation method with an empirical application of adult women's decisions to undertake mammography to evaluate the importance of present bias and naivety in the under-utilization of this preventive health care. Our results show evidence for both present bias and naivety"--National Bureau of Economic Research web site.

Names

• Fang, Hanming
• Wang, Yang
• National Bureau of Economic Research

Created / Published

• Cambridge, MA : National Bureau of Economic Research, c2010.

Notes

• -  Title from PDF file as viewed on 2/22/2011.
• -  Includes bibliographical references.
• -  Also available in print.
• -  Mode of access: World Wide Web.
• -  System requirements: Adobe Acrobat Reader.

Call Number/Physical Location

• HB1

Digital Id

• https://hdl.loc.gov/loc.gdc/gdcebookspublic.2011655650
• http://www.nber.org/papers/w16438 External

Library of Congress Control Number

• 2011655650

Access Advisory

• Unrestricted online access

Online Format

• image
• pdf

LCCN Permalink

• https://lccn.loc.gov/2011655650

Additional Metadata Formats

• MARCXML Record
• MODS Record
• Dublin Core Record