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solution. Then we consider a monopoly. Market power affects both output and sugar content, possibly in opposite directions, and …
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This paper studies a market for a medical product in which there is perfect competition among health insurers, while the good is sold by a monopolist. Individuals differ in their severity of illness and there is ex post moral hazard. We consider two regimes: one in which insurers use coinsurance...
Persistent link: https://www.econbiz.de/10012581345
solution. Then we consider a monopoly. Market power affects both output and sugar content, possibly in opposite directions, and …
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This paper studies a market for a medical product in which there is perfect competition among health insurers, while the good is sold by a monopolist. Individuals differ in their severity of illness and there is ex post moral hazard. We consider two regimes: one in which insurers use coinsurance...
Persistent link: https://www.econbiz.de/10013221173
Persistent link: https://www.econbiz.de/10001668906