@article{Brau:12184,
      recid = {12184},
      author = {Brau, Rinaldo and Bruni, Matteo Lippi},
      title = {Eliciting the Demand for Long Term Care Coverage: A  Discrete Choice Modelling Analysis},
      address = {2006},
      number = {828-2016-55161},
      series = {ETA Nota di Lavoro 71.2006},
      pages = {31},
      year = {2006},
      abstract = {We evaluate the demand for long term care (LTC) insurance  prospects in a stated preference context, by means of the  results of a choice experiment carried out on a  representative sample of the Emilia-Romagna population.  Choice modelling techniques have not been used yet for  studying the demand for LTC services. In this paper these  methods are first of all used in order to assess the  relative importance of the characteristics which define  some hypothetical insurance programmes and to elicit the  willingness to pay for some LTC coverage prospects.  Moreover, thanks to the application of a nested logit  specification with 'partial degeneracy', we are able to  model the determinants of the preference for status quo  situations where no systematic cover for LTC exists. On the  basis of this empirical model, we test for the effects of a  series of socio-demographic variables as well as personal  and household health state indicators.},
      url = {http://ageconsearch.umn.edu/record/12184},
      doi = {https://doi.org/10.22004/ag.econ.12184},
}