Dalen, Dag Morten; Moen, Espen R; Riis, Christian - Helseøkonomisk Forskningsprogram (HERO), Universitetet … - 2009
the patients are auctioned out to the hospitals. Our aim is to characterize principles as to how such an auction should be … designed. In the case of elective treatment, health authorities thus organize a competition between hospitals. The hospital … must pay a penalty if it defaults), high cost hospitals typically have larger default risks than low costs hospitals. …