{"id":58526,"date":"2022-09-30T14:00:08","date_gmt":"2022-09-30T05:00:08","guid":{"rendered":"https:\/\/www.pp.u-tokyo.ac.jp\/?p=37041"},"modified":"2022-09-30T14:00:08","modified_gmt":"2022-09-30T05:00:08","slug":"2022-09-30-37041-2","status":"publish","type":"post","link":"https:\/\/graspp.neopa.jp\/en\/news\/2022-09-30-37041-2\/","title":{"rendered":"Professors Toshiaki Iizuka and Hitoshi Shigeoka\u2019s paper \u201cIs Zero a Special Price? Evidence from Child Healthcare,\u201d has been published in American\u00a0Economic Journal: Applied Economics"},"content":{"rendered":"<p>Professors Toshiaki Iizuka and Hitoshi Shigeoka\u2019s paper \u201cIs Zero a Special Price? Evidence from Child Healthcare,\u201d has been published in American<em>\u00a0Economic Journal: Applied Economics<\/em>.<\/p>\n<h4>Abstract<\/h4>\n<p>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.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/www.aeaweb.org\/articles?id=10.1257\/app.20210184\">View the details<\/a><\/p>\n<p>&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p>Professors Toshiaki Iizuka and Hitoshi Shigeoka\u2019s paper \u201cIs Zero a Special Price? Evidence from Child Healthca [&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":[196,343,346],"coauthors":[234],"class_list":["post-58526","post","type-post","status-publish","format-standard","hentry","category-news","tag-faculty-news","tag-research","tag-newsrelease"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/posts\/58526","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=58526"}],"version-history":[{"count":0,"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/posts\/58526\/revisions"}],"wp:attachment":[{"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/media?parent=58526"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/categories?post=58526"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/tags?post=58526"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/coauthors?post=58526"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}