CANTA, Chiara; LEROUX, Marie-Louise - Center for Operations Research and Econometrics (CORE), … - 2013
private one at a higher price. With pure in-kind redistribution, agents fail to internalize their impact on congestion, and … the demand for the public hospital is higher than optimal. We show that under full information, the optimal redistribution … private hospital price may be negative or positive depending on the relative importance of redistribution and efficiency …