Adverse selection theory predicts that people with a high death risk are more likely to purchase life insurance. The advantageous selection hypothesis predicts the opposite. Using a unique dataset merging administrative and survey records we find support for the advantageous selection...

We analyzed the impact of social networks on general practitioners (GPs) referral behavior based on administrative panel data from 2,684,273 referrals to resident specialists made between 1998 and 2007. To construct estimated social networks, we used information on the doctors place and time of...

This study proposes a systematic review of findings related to rational agents' decisions; and how they are affected by bounded rationality, cognitive bias, and cognitive dissonances. Particularly, we observe how, under uncertainty in a health care context, "natural" constraints may contribute...

In African health care the "miracle of the market" has not occurred. Patients exhibit willingness to pay for health care and yet practitioners are unable to sell their services. Simultaneously non-governmental organizations (NGOs) are running successful health facilities for which patients are...

In this paper, we construct a joint production model of health with two-sided asymmetric information and ask the question, "How should physicians be compensated?" We demonstrate theoretically that the preferred physician compensation scheme depends on the illness condition. Outcome-contingent...

In African health care the "miracle of the market" has not occurred. Patients exhibit willingness to pay for quality health care and yet good private practitioners are unable to sell their services. Simultaneously nongovernmental organizations (NGOs) are running successful health facilities for...