Strategic play among family members when making long-term care decisions
Hiedemann, Bridget & Stern, Steven (1999) Strategic play among family members when making long-term care decisions. Journal of Economic Behavior and Organization, 40(1), pp. 29-57.
This paper describes a strategic model of bargaining within a family to determine how to care for an elderly parent. We estimate the parameters of the model using data from the National Long-term Care Survey. We find that the parameter estimates generally make sense and that the model is consistent with the data. The results have strong implications for using less structural empirical models for policy analysis.
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|Item Type:||Journal Article|
|Keywords:||Family bargaining, Long-term care, Structural estimation|
|Divisions:||Current > Schools > School of Mathematical Sciences
Current > QUT Faculties and Divisions > Science & Engineering Faculty
|Deposited On:||02 Jul 2014 05:20|
|Last Modified:||02 Jul 2014 05:20|
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