{"title":"Rejoinder","authors":"Levon Barseghyan, Francesca Molinari","doi":"10.1080/07350015.2023.2239870","DOIUrl":null,"url":null,"abstract":"Click to increase image sizeClick to decrease image size Notes1 Our analysis, available upon request, allows for endogenous loss probabilities via a linear function of effort, (1−e)μ. The effort level, e, is in turn associated with a (potentially heterogeneous across agents) quadratic cost function. The analysis shows that for deductible levels as in our data, the choice of $200 in collision is not rationalizable, even in the presence of endogenous loss probabilities.","PeriodicalId":2,"journal":{"name":"ACS Applied Bio Materials","volume":null,"pages":null},"PeriodicalIF":4.6000,"publicationDate":"2023-10-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"ACS Applied Bio Materials","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/07350015.2023.2239870","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"MATERIALS SCIENCE, BIOMATERIALS","Score":null,"Total":0}
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Abstract
Click to increase image sizeClick to decrease image size Notes1 Our analysis, available upon request, allows for endogenous loss probabilities via a linear function of effort, (1−e)μ. The effort level, e, is in turn associated with a (potentially heterogeneous across agents) quadratic cost function. The analysis shows that for deductible levels as in our data, the choice of $200 in collision is not rationalizable, even in the presence of endogenous loss probabilities.
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