{"id":58334,"date":"2021-10-28T11:52:50","date_gmt":"2021-10-28T02:52:50","guid":{"rendered":"http:\/\/www.pp.u-tokyo.ac.jp\/?p=32303"},"modified":"2021-10-28T11:52:50","modified_gmt":"2021-10-28T02:52:50","slug":"2021-10-28-32303-2","status":"publish","type":"post","link":"https:\/\/graspp.neopa.jp\/en\/news\/2021-10-28-32303-2\/","title":{"rendered":"Professors Toshiaki Iizuka and Hitoshi Shigeoka\u2019s co-authored paper &#8220;Is Zero a Special Price? Evidence from Child Healthcare\u201d was accepted in <i>American Economic Journal: Applied Economics<\/i>"},"content":{"rendered":"<p>Professors Toshiaki Iizuka and Hitoshi Shigeoka\u2019s co-authored paper &#8220;Is Zero a Special Price? Evidence from Child Healthcare\u201d was accepted in\u00a0<em>American Economic Journal: Applied Economics.<\/em><\/p>\n<h5>Abstract<\/h5>\n<p><span>Do consumers react differently to zero prices? We test the presence of a zero-price effect in child healthcare and find that a zero price is special as it boosts demand discontinuously. A zero price affects resource allocations by encouraging healthier children to use more services and exacerbates behavioral hazard by increasing inappropriate use of antibiotics. A copayment, of as small as USD 2 per visit, alleviates these problems without substantially increasing financial risk. However, a zero price may be used to boost demand for highly cost-effective treatments. Zero and non-zero prices should be strategically chosen to achieve specific goals.<\/span><\/p>\n<p>For details, please check the link below.<\/p>\n<p><a href=\"https:\/\/www.aeaweb.org\/articles?id=10.1257\/app.20210184\">https:\/\/www.aeaweb.org\/articles?id=10.1257\/app.20210184<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Professors Toshiaki Iizuka and Hitoshi Shigeoka\u2019s co-authored paper &#8220;Is Zero a Special Price? Evidence f [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[196],"coauthors":[],"class_list":["post-58334","post","type-post","status-publish","format-standard","hentry","category-news","tag-faculty-news"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/posts\/58334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/comments?post=58334"}],"version-history":[{"count":0,"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/posts\/58334\/revisions"}],"wp:attachment":[{"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/media?parent=58334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/categories?post=58334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/tags?post=58334"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/coauthors?post=58334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}