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Over the last five decades, broad changes in the US health care system have dramatically influenced growth in health care expenditures. These structural changes have also influenced the trajectory of the health economics research. This paper reviews some of the seminal health economics papers...
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-lowering statins) to study the responses of physicians and patients to variation in the cost of drugs. In a sample of first-time statin …-income patients. Our analysis suggests that physicians can perceive the adherence elasticity of their patients and adjust their …, we present suggestive evidence that physicians learn about a patient's price sensitivity through their own experience of …
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