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Narrow Framing and Long-Term Care Insurance

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NBER2015-03-01 更新2025-01-04 收录
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We propose a model of narrow framing in insurance and test it using data from a new module we designed and fielded in the Health and Retirement Study. We show that respondents subject to narrow framing are substantially less likely to buy long-term care insurance than average. This effect is

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2015-03-01
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