. Author manuscript; available in PMC: 2015 Apr 23.

Published in final edited form as: Am Econ Rev. 2015 Mar;105(3):1030–1066. doi: 10.1257/aer.20130758

Table 7.

Welfare Gains Using Demand Estimates From the Literature

	Full Welfare Effect	Net Welfare Effect
Baseline Estimates	0.051	0.041
Graves and Gruber (2012)	0.035	0.030
Ericson and Starc (2012): Premiums	0.075	0.088
Ericson and Starc (2012): Coverage	0.059	0.051
Hackmann, Kolstad, and Kowalski (2012)	0.125	0.100