Dranove, David; Satterthwaite, Mark A. - In: Handbook of health economics : volume 1, part B, (pp. 1093-1139). 2000
overcome the resulting inefficiencies. We combine the theory of agency with a model of monopolistic competition to explore …Health care markets fail to satisfy many requirements for perfect competition, including large numbers of consumers and … economic incentives in a manner consistent with theory. …