Equilibria in Health Exchanges: Adverse Selection versus Reclassification Risk.

This paper studies regulated health insurance markets known as exchanges, motivated by the increasingly important role they play in both public and private insurance provision. We develop a framework that combines data on health outcomes and insurance plan choices for a population of insured individ...

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Bibliographic Details
Published in:Econometrica Vol. 83; no. 4; pp. 1261 - 1314
Main Authors: Handel, Ben, Hendel, Igal, Whinston, Michael D.
Format: Article
Published: Wiley-Blackwell Jul2015
Subjects:
Online Access:View this record in EBSCOhost