Options and choices

[Osteoporosis treatment: choices and options].

Choices from Identical Options

Many of the decisions that people must make involve selections from arrays of identical options. The six studies presented explored people's preferences in two contexts: choosing one item from rows of identical items and choosing a route from a series of identical routes. The first three studies examined preferences for items in particular positions. Whether people were choosing a product from ...

Default options , incentives and food choices

Objective: Examine whether requiring children to place fruits and vegetables on their lunch trays increases consumption of these items. Design: Observational study that exploits naturally occurring variation between two school districts and a pre-post observational study at schools that changed their lunch policy mid-year. Setting: 15 elementary schools from two school districts, one requiring ...

Stocks or Options: Risk Choices and Compensation Design

We analyze the impact of the existence of bad-tail risks on the decision to pay managers in stocks or in options and find that, contrary to conventional wisdom that options incent higher risk-taking, options are sometimes the superior vehicle for limiting managerial incentives to take bad-tail risks. Though options have not been the dominant form of compensation in the financial services indust...

Reforming health insurance: realistic options and hard choices.

The persistently high number of people reporting that they have no health insurance has precipitated a number of new comprehensive proposals to extend coverage to most Americans. Such proposals must find solutions to fundamental problems that have thus far eluded policymakers, including the role of government regulation, how much to spend, and who should pay. The experience of the 1990s suggest...