In this study, we develop and estimate a model of sophisticated bargaining between hospitals and insurers, based on a model of intrafirm bargaining set out by Stole and Zwiebel (1996). When an insurer decides whether to include a hospital in its network, it must take into account the fact that...

To help launch our new journal, the HMPI editorial board invited leading academics (mostly health economists) to make one or two recommendations for improving the health system in either the public or private sector. Twenty of our colleagues submitted their suggestions, which are included below....