Photo Magali Dumontet

MAGALI DUMONTET

MAÎTRE DE CONFÉRENCES

Research interests

  • arrow_right Economie de la santé
  • arrow_right Offre de soins
  • arrow_right Inégalités et âge

Research group

    Comportements, Droits et Bien-être

Contact

2024-23

Behavioral drivers of individuals’ Term Life Insurance Demand: evidence from a Discrete Choice Experiment

Denis Charles, Magali Dumontet, Johanna Etner, Meglena Jeleva

Abstract
Term life insurance contracts differ from one another: private information level asked to applicants, options presence in the contract, or claim payment type. Understanding how individuals’ demand is influenced by these possibilities is not straightforward. We explore socioeconomic and behavioral characteristics that might influence term life insurance demand through a Discrete Choice Experiment (DCE). On a sample representative of the French population, we estimate individuals’ characteristics that influence (1) term life insurance purchasing decision and (2) Willingness to Pay for each feature of the contract without testing new features directly in the market. In addition to socioeconomic characteristics, behavioral factors permit to better understand overall demand for term life insurance product as well as characteristics of such contract. Future concerns, optimism about survival, perceived asset management risk, and altruism influence term life insurance purchasing behavior.
Mot(s) clé(s)
Term Life Insurance, Discrete Choice Experiment, Willingness to Pay, Individual Preferences
2024-5

Gender Differences in Early Occupational Choices: Evidence from Medical Specialty Selection

Josep Amer-Mestre, Noémi Berlin, Agnès Charpin, Magali Dumontet

Abstract
This paper analyses gender differences in occupational choices in a setting in which observed matches are solely determined by supply-side factors: the French centralised medical residency selection mechanism. We show that men and women facing the same occupational choice set make drastically different occupational choices. Medical specialties selected by women pay less, have lower time requirements, and are less competitive. To understand these differences and estimate how much of the gender gap in specialty sorting can be explained by individual preferences for job attributes, we administer a survey to prospective medical residents just before their specialty choice. Using both a hypothetical job choice framework and stated preferences, we show that while “hard” job characteristics (earnings, time requirements) only slightly reduce the gender gap in sorting, “soft” characteristics (daily tasks, contact with patients, willingness to help others) play a larger role in reducing the gap. We also find suggestive evidence of an anticipation effect of fertility on women’s career choices. Our results suggest that individual preferences play a determinant role in explaining gender-based occupational segregation.
Mot(s) clé(s)
Occupational segregation, Gender, Labour market, Job attributes, Willingness to pay
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