1
Generate Data for Choice Model
1.1
Generate
\(\lambda\)
1.2
Generate (Expectation of) Monitoring Score and Out-of-Pocket
1.3
Generate Choice in
\(t = 0\)
1.4
Generate Realization of Cost in
\(t = 0\)
1.5
Generate Choice in
\(t = 1\)
1.6
Merge Choice Data
2
Generate Data for Cost Model
3
Estimation
3.1
Fuctions
3.2
Optimization
3.3
Estimation Results
4
Counterfactual Simulation
4.1
Welfare Calculation
Monte Carlo Simulation: Jin and Vasserman (2021)
2
Generate Data for Cost Model
[Later]