Johannesson, Magnus; Johansson, Per-Olov; Söderqvist, Tore - Economics Institute for Research (SIR), … - 1997
In this paper, we develop a simple model of the benefits and costs of being on a waiting list. The model shows that complex factors are in operation, implying that a shorter waiting time need not necessarily be preferred to a longer waiting time. We also present an empirical study, where a...