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Editorial

Can consumers have too much choice?

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Pages 325-327 | Published online: 09 Jan 2014

References

  • Schwartz B. The Paradox of Choice: Why More is Less. HarperCollins, NY, USA (2004).
  • Simon H. A behavioral model of rational choice. Q. J. Econ.69, 99–118 (1955).
  • Simon H. Rational choice and the structure of the environment. Psychol. Rev.63, 129–138 (1956).
  • Thaler RH, Sunstein CR. Nudge: Improving Decisions about Health, Wealth, and Happiness. Yale University Press, CT, USA (2008).
  • Iyengar S, Lepper MR. When choice is demotivating: can one desire too much of a good thing? J. Pers. Soc. Psychol.79(6), 995–1006 (2000).
  • Benartzi S, Thaler RH. Naïve diversification strategies in defined contribution saving plans. Am. Econ. Rev.91, 79–98 (2001).
  • Thaler RH, Sunstein CR. Libertarian paternalism. Am. Econ. Assoc. Papers Proc.93(2), 175–179 (2003).
  • Neuman P, Strollo MK, Guterman S et al. Medicare prescription drug benefit progress report: findings from a 2006 national survey of seniors. Health Aff.26(5), W630–W643 (2007).
  • Domino ME, Stearns SC, Norton EC et al. Why using current medications to select a Medicare Part D plan may lead to higher out-of-pocket payments. Med. Care Res. Rev.65(1), 114–126 (2008).
  • Hoadley J. Medicare part D: simplifying the program and improving the value of information for beneficiaries. Issue Brief (Commonw. Fund)39, 1–15 (2008).
  • Hibbard JH, Slovic P, Peters E et al. Is the informed-choice policy approach appropriate for medicare beneficiaries? Health Aff.20, 199–203 (2001).

Website

  • Burgess S, Popper C, Wilson D. Will more choice improve outcome in education and health care? The evidence from economic research. The Centre for Market and Public Organisation. www.bris.ac.uk/Depts/CMPO/choice.pdf (Accessed 3 June, 2008)

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