Chandra, Amitabh; Jena, Anupam B.; Skinner, Jonathan S. - 2021
All developed countries have been struggling with a trend toward health care absorbing an ever-larger fraction of … government and private budgets. Adopting any treatment that improves health outcomes, no matter what the cost, can worsen … allocative inefficiency by paying dearly for small health gains. One potential solution is to rely more heavily on studies of the …