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We consider an economy where most of the health care is publicly provided, and where there is waiting time for several types of treatments. Private health care without waiting time is an option for the patients in the public health queue. We show that although patients with low waiting costs...
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We consider an economy where most of the health care is publicly provided,and where there is waiting time for several types of treatments. Privatehealth care without waiting time is an option for the patients in the publichealth queue. We show that although patients with low waiting costs...
Persistent link: https://www.econbiz.de/10011400300
utilities. It interprets wealth distribution in a control theory framework to show that the welfare maximizing distribution may …
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In a recent article which appeared in this journal, Hoel and Saeter propose a model showing that welfare may be improved by introducing delay in public health care. In this note we argue that their model may be used as starting point because of their stringent assumptions. We suggest that the...
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