Hai, Fang; Miller Nolan H.; John, Rizzo; Richard, Zeckhauser - In: The B.E. Journal of Economic Analysis & Policy 11 (2011) 1, pp. 1-51
Consumerism arises when patients acquire and use medical information from sources other than their physicians. This practice has been hailed as a means of improving quality. This need not be the result. Our theoretical model identifies a channel through which consumerism may reduce quality:...