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Cost Utility Analysis (CUA) and Cost Benefit Analysis (CBA) are methods to evaluate allocations of health care resources. Problems are raised for both methods when income taxes do not meet the first best optimum. This paper explores the implications of three ways that taxes may fall short of...
Persistent link: https://www.econbiz.de/10013149101
Although physicians are often expected to be gatekeepers to health insurance benefits such as paid sick leave, research indicates a substantial reluctance to reject patient requests for sickness certificates. We show that private information on the patient's part creates a conflict between the...
Persistent link: https://www.econbiz.de/10011647475
Professional norms are supposed to have a central role in the allocation of resources when consumers have inferior information about the characteristics of products. We argue that economic motives are nevertheless important to resource allocation when professional opinions differ. The argument...
Persistent link: https://www.econbiz.de/10014141234
We investigate the effect of competition on quality in regulated markets (e.g., health care, higher education, public … the open-loop solution (providers choose the optimal quality investment plan based on demand at the initial period) and … the feedback closed-loop solution (providers observe demand in each period and choose quality in response to current …
Persistent link: https://www.econbiz.de/10010266064
Hospital markets are often characterised by price regulation and the existence of different ownership types. Using a … Hotelling framework, this paper analyses the effect of heterogeneous objectives of the hospitals on quality differentiation … driving force is the single regulated price which induces under-(over-)provision of quality of the more (less) efficient …
Persistent link: https://www.econbiz.de/10008694127
Hospital markets are often characterised by price regulation and the existence of different ownership types. Using a … Hotelling framework, this paper analyses the effect of different objectives of the hospitals on quality, profits, and overall …
Persistent link: https://www.econbiz.de/10008493579
We investigate the effect of competition on quality in regulated markets (e.g., health care, higher education, public … the open-loop solution (providers choose the optimal quality investment plan based on demand at the initial period) and … the feedback closed-loop solution (providers observe demand in each period and choose quality in response to current …
Persistent link: https://www.econbiz.de/10008572490
oligopoly ; price regulation ; quality ; hospital competition …Hospital markets are often characterised by price regulation and the existence of different ownership types. Using a … Hotelling framework, this paper analyses the effect of different objectives of the hospitals on quality, profits, and overall …
Persistent link: https://www.econbiz.de/10003894806
Hospital markets are often characterised by price regulation and the existence of different ownership types. Using a … Hotelling framework, this paper analyses the effect of different objectives of the hospitals on quality, profits, and overall …
Persistent link: https://www.econbiz.de/10014196956
to buy prescription drugs from a promoted brand name. I exploit specific characteristics of market regulation in Germany …
Persistent link: https://www.econbiz.de/10012947424