A Structural Model of The Demand For Telecare

from Health Economics at http://bit.ly/2LCQT91 on July 30, 2018 at 10:43PM

In this paper, we formulate a structural model of the demand for telecare. We show how the Andersen’s Behavioral Model of Health Services Use, the Almost Ideal Demand System and the Revealed Preference theory can be combined with microeconomic principles of health production to reason about individuals’ utility maximizing behavior. We then estimate the model using a strategy that controls for the effects of both observable and unobservable factors, and later conduct a simulation exercise by way of a decomposition analysis.