This paper is concerned with the economics of mental health. We argue that mental health economics is like health economics only more so: uncertainty and variation in treatments are greater; the assumption of patient self-interested behavior is more dubious; response to financial incentives such...

This chapter reviews the theory and empirical literature on physician market power, behavior, and motives, referred to collectively as the issue of "physician agency." The chapter is organized around an increasingly complex view of the demand conditions facing a physician, beginning with the...

The pricing of medical products and services in the U.S. is notoriously complex. In health care, supply prices (those received by the manufacturer) are distinct from demand prices (those paid by the patient) due to health insurance. The insurer, in designing the benefit, decides what prices...