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Essays on firm, worker and consumer decision-making in on-demand and health care markets / Michal Hodor.
- Format:
- Book
- Thesis/Dissertation
- Author/Creator:
- Hodor, Michal, author.
- Language:
- English
- Subjects (All):
- Health education.
- Health care management.
- Economics--Penn dissertations.
- Penn dissertations--Economics.
- Local Subjects:
- Health education.
- Health care management.
- Economics--Penn dissertations.
- Penn dissertations--Economics.
- Genre:
- Academic theses.
- Physical Description:
- 1 online resource (127 pages)
- Contained In:
- Dissertations Abstracts International 82-12B.
- Place of Publication:
- [Philadelphia, Pennsylvania] : University of Pennsylvania ; Ann Arbor : ProQuest Dissertations & Theses, 2021.
- Language Note:
- English
- System Details:
- Mode of access: World Wide Web.
- text file
- Summary:
- This thesis empirically studies two themes in the field of decision making. First, it investigates firm and worker behavior in an "on-demand'' manufacturing environment (first chapter); second, it explores the effect of family spillovers on health care decision making (second chapter).The first chapter develops and estimates a dynamic equilibrium model of firm and worker behavior in a production environment, by which manufacturing and supplying of products happens immediately after receiving orders. The firm solves a dynamic discrete choice cost minimization model in which it faces uncertainty about future product demand and workers' productive capacity. The firm chooses to employ two types of workers -- gig and permanent -- and it sets parameters of a compensation scheme that is a mix of salary and performance-based incentives to elicit worker effort. Heterogeneous workers solve a daily effort choice problem given the compensation scheme offered by the firm. I estimate the model using panel data from an online, global manufacturer that produces customized items. I find that gig workers are much more responsive to incentive pay. I show that varying compensation scheme over time and using a mix of gig and permanent workers provide the flexibility that the firm needs to effectively operate an on-demand production process.The second chapter studies how family spillovers shape health care consumption through two sources: a learning channel whereby family members share information regarding their health insurance plan, and a behavioral channel whereby risk perception and habits are shared and transmitted. I exploit two types of sudden health shocks to identify a causal effect operating through each channel, and incorporate these shocks into event-study frameworks to quantify the effect of spillovers on non-injured adult family members. I find a significant behavioral spillover effect of a more than 70% increase in medical spending of preventive care over a two-year horizon. Moreover, I find a persistent spillover effect associated with the learning channel that amounts to an average increase in medical spending of more than 100% relative to prior to the health shock. While the first result is in line with previous findings in the literature, the second is novel.
- Notes:
- Source: Dissertations Abstracts International, Volume: 82-12, Section: B.
- Advisors: Todd, Petra; Fang, Hanming; Committee members: Iwan Barankay.
- Department: Economics.
- Ph.D. University of Pennsylvania 2021.
- Local Notes:
- School code: 0175
- ISBN:
- 9798738608964
- Access Restriction:
- Restricted for use by site license.
- This item is not available from ProQuest Dissertations & Theses.
- This item must not be sold to any third party vendors.
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