Essays in microeconomic theory

The fourth paper explains why it might not be welfare maximizing to incentivize doctors to take costs of treatment into account in their prescription decisions. By extending the classic cheap talk model, it is shown that cost incentives reduce the information transmitted from patient to doctor which leads to a welfare loss.

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Year of publication:	2012
Authors:	Schottmuller, C.
Institutions:	Tilburg University, School of Economics and Management

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Extent:	application/pdf
Series:	Other publications TiSEM.
Type of publication:	Book / Working Paper
Notes:	Dissertation Published 16 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011090276