Choices. Sendhil Mullainathan Fall 2009 Economics 2030. Overview of Lecture. Choice sets Some observations about the psychology Competition and markets Choice of choice sets Structural estimation Scale issues Contingent valuation and Jury awards Disclosure
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Medications as of 2006
0-3 4-6 7-10 11+
Share of sample .36 .33 .20 .10
Least expensive plan $623 $1417 $2580 $3556
Median plan $1053 $2019 $3383 $4788
Average cost of $958 $1932 $3303 $4540