Frank, Richard G.; McGuire, Thomas G. - In: Handbook of health economics : volume 1, part B, (pp. 893-954). 2000
This paper is concerned with the economics of mental health. We argue that mental health economics is like health … observations on institutions paying for and providing mental health services. We show that adverse selection and moral hazard … appear to hit mental health markets with special force. We discuss the emergence of new institutions within managed care that …