Researchers from University of California Berkeley Describe Findings in Economics (The Socioeconomic Distribution of Choice Quality: Evidence From Health Insurance In the Netherlands): Economics

2024 OCT 22 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- Current study results on Economics have been published. According to news reporting originating in Berkeley, California, by NewsRx journalists, research stated, “We study how choice quality relates to socioeconomic factors, using population-wide data on health insurance choices and utilization in the Netherlands.”

Funders for this research include European Research Council (ERC), Economic & Social Research Council (ESRC), STICERD.

The news reporters obtained a quote from the research from the University of California Berkeley, “We document a striking choice quality gradient with respect to socioeconomic status, finding that those with higher income, higher education, and training in quantitative fields make meaningfully better choices. Household income for the top 5 percent of decision-makers, in terms of surplus captured, is almost three times higher than for the bottom 5 percent.”

According to the news reporters, the research concluded: “When jointly including all factors, education degree and field of study are more important predictors of choice quality than income and other financial variables.”

This research has been peer-reviewed.

For more information on this research see: The Socioeconomic Distribution of Choice Quality: Evidence From Health Insurance In the Netherlands. American Economic Review-insights, 2024;6(3):395-412. American Economic Review-insights can be contacted at: Amer Economic Assoc, 2014 Broadway, Ste 305, Nashville, TN 37203, USA.

Our news correspondents report that additional information may be obtained by contacting Benjamin Handel, University of California Berkeley, Dept. of Economics, Berkeley, CA 94720, United States. Additional authors for this research include Jonathan Kolstad, Thomas Minten and Johannes Spinnewijn.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1257/aeri.20230314. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

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