Strategic Play Among Family Members When Making Long-Term Care Decisions
AbstractThis 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.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by University of Virginia, Department of Economics in its series Virginia Economics Online Papers with number 321.
Length: 41 pages
Date of creation: Jan 1999
Date of revision:
Contact details of provider:
Web page: http://www.virginia.edu/economics/home.html
Long-Term Care; Family Bargaining; Structural Estimation;
Other versions of this item:
- Hiedemann, Bridget & Stern, Steven, 1999. "Strategic play among family members when making long-term care decisions," Journal of Economic Behavior & Organization, Elsevier, vol. 40(1), pages 29-57, September.
- C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions
- C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
- J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
This paper has been announced in the following NEP Reports:
- NEP-ALL-2000-02-21 (All new papers)
- NEP-HEA-2000-02-21 (Health Economics)
- NEP-IND-2000-02-21 (Industrial Organization)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Browning, M. & Bourguignon, F. & Chiappori, P.A. & Lechene, V., 1992.
"Incomes and Outcomes: A structural Model of Intra-Household Allocation,"
DELTA Working Papers
92-23, DELTA (Ecole normale supérieure).
- Browning, Martin & Francois Bourguignon & Pierre-Andre Chiappori & Valerie Lechene, 1994. "Income and Outcomes: A Structural Model of Intrahousehold Allocation," Journal of Political Economy, University of Chicago Press, vol. 102(6), pages 1067-96, December.
- Laurence J. Kotlikoff & John Morris, 1988.
"Why Don't the Elderly Live With Their Children? A New Look,"
NBER Working Papers
2734, National Bureau of Economic Research, Inc.
- Laurence J. Kotlikoff & John N. Morris, 1990. "Why Don’t the Elderly Live with Their Children? A New Look," NBER Chapters, in: Issues in the Economics of Aging, pages 149-172 National Bureau of Economic Research, Inc.
- Hoerger, Thomas J. & Picone, Gabriel & Sloan, Frank, 1995.
"Public Subsidies, Private Provision of Care, and Living Arrangements of the Elderly,"
95-22, Duke University, Department of Economics.
- Hoerger, Thomas J & Picone, Gabriel A & Sloan, Frank A, 1996. "Public Subsidies, Private Provision of Care and Living Arrangements of the Elderly," The Review of Economics and Statistics, MIT Press, vol. 78(3), pages 428-40, August.
- Steven Stern & Maxim Engers, .
"Long-Term Care and Family Bargaining,"
Virginia Economics Online Papers
320, University of Virginia, Department of Economics.
- David M. Cutler & Louise Sheiner, 1994.
"Policy Options for Long-Term Care,"
in: Studies in the Economics of Aging, pages 395-442
National Bureau of Economic Research, Inc.
- Steven Stern, 1994.
"Two Dynamic Discrete Choice Estimation Problems and Simulation Method Solutions,"
Virginia Economics Online Papers
389, University of Virginia, Department of Economics.
- Stern, Steven, 1994. "Two Dynamic Discrete Choice Estimation Problems and Simulation Method Solutions," The Review of Economics and Statistics, MIT Press, vol. 76(4), pages 695-702, November.
- Bernheim, B Douglas & Shleifer, Andrei & Summers, Lawrence H, 1986.
"The Strategic Bequest Motive,"
Journal of Labor Economics,
University of Chicago Press, vol. 4(3), pages S151-82, July.
- Steven Stern, 1995. "Estimating Family Long-Term Care Decisions in the Presence of Endogenous Child Characteristics," Journal of Human Resources, University of Wisconsin Press, vol. 30(3), pages 551-580.
- Axel Borsch-Supan & Laurence J. Kotlikoff & John N. Morris, 1988. "The Dynamics of Living Arrangements of the Elderly," NBER Working Papers 2787, National Bureau of Economic Research, Inc.
- Douglas Wolf & Beth Soldo, 1988. "Household composition choices of older unmarried women," Demography, Springer, vol. 25(3), pages 387-403, August.
This item has more than 25 citations. To prevent cluttering this page, these citations are listed on a separate page. reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Debby Stanford).
If references are entirely missing, you can add them using this form.