Details about Martin Gaynor

Homepage:	https://www.heinz.cmu.edu/faculty-research/profiles/gaynor-martins
Phone:	412-268-7933
Postal address:	Heinz College, Carnegie Mellon University, Pittsburgh, PA 15213-3890 USA
Workplace:	H. John Heinz III School of Public Policy and Management, Carnegie Mellon University, (more information at EDIRC) Centre for Market and Public Organisation (CMPO), School of Economics, University of Bristol, (more information at EDIRC) Department of Economics, Tepper School of Business Administration, Carnegie Mellon University, (more information at EDIRC) National Bureau of Economic Research (NBER), (more information at EDIRC)

Access statistics for papers by Martin Gaynor.

Last updated 2025-02-17. Update your information in the RePEc Author Service.

Short-id: pga1

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Working Papers

2022

The anatomy of a hospital system merger: the patient did not respond well to treatment
LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library
Also in CEP Discussion Papers, Centre for Economic Performance, LSE (2022)
NBER Working Papers, National Bureau of Economic Research, Inc (2021)
CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021)
POID Working Papers, Centre for Economic Performance, LSE (2022)

2020

Optimal Contracting with Altruistic Agents
University of Western Ontario, Centre for Human Capital and Productivity (CHCP) Working Papers, University of Western Ontario, Centre for Human Capital and Productivity (CHCP)
Optimal Contracting with Altruistic Agents: A Structural Model of Medicare Payments for Dialysis Drugs
NBER Working Papers, National Bureau of Economic Research, Inc

2019

Do Increasing Markups Matter? Lessons from Empirical Industrial Organization
NBER Working Papers, National Bureau of Economic Research, Inc View citations (128)
See also Journal Article Do Increasing Markups Matter? Lessons from Empirical Industrial Organization, Journal of Economic Perspectives, American Economic Association (2019) View citations (128) (2019)
The price ain’t right? Hospital prices and health spending on the privately insured
LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (41)
Also in CEP Discussion Papers, Centre for Economic Performance, LSE (2015) View citations (21)
NBER Working Papers, National Bureau of Economic Research, Inc (2015) View citations (24)
LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2015) View citations (13)
See also Journal Article The Price Ain’t Right? Hospital Prices and Health Spending on the Privately Insured, The Quarterly Journal of Economics, President and Fellows of Harvard College (2019) View citations (38) (2019)

2016

Subsidies and Structure: The Lasting Impact of the Hill-Burton Program on the Hospital Industry
NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
See also Journal Article Subsidies and Structure: The Lasting Impact of the Hill-Burton Program on the Hospital Industry, The Review of Economics and Statistics, MIT Press (2017) View citations (11) (2017)

2014

The Industrial Organization of Health Care Markets
NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
See also Journal Article The Industrial Organization of Health-Care Markets, Journal of Economic Literature, American Economic Association (2015) View citations (125) (2015)

2013

Free to choose? The impact of healthcare reform
CentrePiece - The magazine for economic performance, Centre for Economic Performance, LSE

1996

Moral hazard and Risk Speading in Partnerships
Working Papers, RAND - Reprint Series View citations (1)
See also Journal Article Moral Hazard and Risk Spreading in Partnerships, RAND Journal of Economics, The RAND Corporation (1995) View citations (123) (1995)

1994

Issues in the Industrial Organization of the Market for Physician Services
NBER Working Papers, National Bureau of Economic Research, Inc View citations (39)
See also Journal Article Issues in the Industrial Organization of the Market for Physician Services, Journal of Economics & Management Strategy, Wiley Blackwell (1994) View citations (37) (1994)

1993

Uncertain Demand, The Structure of Hospital Costs, and the Cost of EmptyHospital Beds
NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
See also Journal Article Uncertain demand, the structure of hospital costs, and the cost of empty hospital beds, Journal of Health Economics, Elsevier (1995) View citations (74) (1995)

1991

Hospital Costs and the Cost of Empty Hospital Beds
NBER Working Papers, National Bureau of Economic Research, Inc View citations (15)
Incentives, Optimality, and Publicly Provided Goods: The Case of Mental Health Services
NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
See also Journal Article Incentives, Optimality, and Publicly Provided Goods: the Case of Mental Health Services, Public Finance Review (1995) (1995)
Organizational Failure and Government Transfers: Evidence From an Experiment in the Financing of Mental Health Care
NBER Working Papers, National Bureau of Economic Research, Inc

1990

Measuring Ignorance in the Market: A New Method with an Application to Physician Services
NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
Moral Hazard in Partnerships
NBER Working Papers, National Bureau of Economic Research, Inc

1987

Alternative Compensation Arrangements and Productive Efficiency in Partnerships: Evidence from Medical Group Practice
NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
Misperceptions, Moral Hazard, and Incentives in Groups
NBER Technical Working Papers, National Bureau of Economic Research, Inc

1986

Internal Non-Price Competition, Pricing, and Incentive Systems in the Cooperative Service Firm: The Case of US Medical Group Practice
NBER Working Papers, National Bureau of Economic Research, Inc

Undated

Are Invisible Hands Good Hands? Moral Hazard, Competition, and the 2nd Best in Health Care Markets
GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (5)
Insurance, Vertical Restraints, and Competition
GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (8)

Journal Articles

2023

Optimal Contracting with Altruistic Agents: Medicare Payments for Dialysis Drugs
American Economic Review, 2023, 113, (6), 1530-71

2019

Do Increasing Markups Matter? Lessons from Empirical Industrial Organization
Journal of Economic Perspectives, 2019, 33, (3), 44-68 View citations (128)
See also Working Paper Do Increasing Markups Matter? Lessons from Empirical Industrial Organization, NBER Working Papers (2019) View citations (128) (2019)
The Price Ain’t Right? Hospital Prices and Health Spending on the Privately Insured
The Quarterly Journal of Economics, 2019, 134, (1), 51-107 View citations (38)
See also Working Paper The price ain’t right? Hospital prices and health spending on the privately insured, LSE Research Online Documents on Economics (2019) View citations (41) (2019)

2017

Subsidies and Structure: The Lasting Impact of the Hill-Burton Program on the Hospital Industry
The Review of Economics and Statistics, 2017, 99, (5), 926–943 View citations (11)
See also Working Paper Subsidies and Structure: The Lasting Impact of the Hill-Burton Program on the Hospital Industry, NBER Working Papers (2016) View citations (6) (2016)

2016

Free to Choose? Reform, Choice, and Consideration Sets in the English National Health Service
American Economic Review, 2016, 106, (11), 3521-57 View citations (107)

2015

Analysis of Hospital Production: An Output Index Approach
Journal of Applied Econometrics, 2015, 30, (3), 398-421 View citations (15)
The Industrial Organization of Health-Care Markets
Journal of Economic Literature, 2015, 53, (2), 235-84 View citations (125)
See also Working Paper The Industrial Organization of Health Care Markets, NBER Working Papers (2014) View citations (10) (2014)

2014

Economics at the FTC: Office Supply Retailers Redux, Healthcare Quality Efficiencies Analysis, and Litigation of an Alleged Get-Rich-Quick Scheme
Review of Industrial Organization, 2014, 45, (4), 325-344 View citations (1)

2013

A Structural Approach to Market Definition With an Application to the Hospital Industry
Journal of Industrial Economics, 2013, 61, (2), 243-289 View citations (22)
See also Working Paper A Structural Approach to Market Definition With an Application to the Hospital Industry, NBER Working Papers (2011) View citations (2) (2011)
Death by Market Power: Reform, Competition, and Patient Outcomes in the National Health Service
American Economic Journal: Economic Policy, 2013, 5, (4), 134-66 View citations (166)
See also Working Paper Death by Market Power: Reform, Competition and Patient Outcomes in the National Health Service, CEPR Discussion Papers (2011) View citations (29) (2011)

2012

Can governments do it better? Merger mania and hospital outcomes in the English NHS
Journal of Health Economics, 2012, 31, (3), 528-543 View citations (53)
See also Working Paper Can governments do it better? Merger mania and hospital outcomes in the English NHS, Working Papers (2012) View citations (50) (2012)
The effect of a hospital nurse staffing mandate on patient health outcomes: Evidence from California's minimum staffing regulation
Journal of Health Economics, 2012, 31, (2), 340-348 View citations (27)
See also Working Paper The Effect of a Hospital Nurse Staffing Mandate on Patient Health Outcomes: Evidence from California’s Minimum Staffing Regulation, The Centre for Market and Public Organisation (2012) View citations (31) (2012)

2010

Hospital prices and market structure in the hospital and insurance industries
Health Economics, Policy and Law, 2010, 5, (4), 459-479 View citations (30)

2009

A Bargain at Twice the Price? California Hospital Prices in the New Millennium
Forum for Health Economics & Policy, 2009, 12, (1), 23 View citations (4)
See also Working Paper A Bargain at Twice the Price? California Hospital Prices in the New Millennium, NBER Working Papers (2009) View citations (4) (2009)
Chapter A Bargain at Twice the Price? California Hospital Prices in the New Millennium, NBER Chapters, 2009 (2009) View citations (3) (2009)

2007

Competition and Quality in Health Care Markets
Foundations and Trends(R) in Microeconomics, 2007, 2, (6), 441-508 View citations (46)
ENTRY AND COMPETITION IN LOCAL HOSPITAL MARKETS*
Journal of Industrial Economics, 2007, 55, (2), 265-288 View citations (43)
See also Working Paper Entry and Competition in Local Hospital Markets, GSIA Working Papers (2005) View citations (9) (2005)
Substitution, Spending Offsets, and Prescription Drug Benefit Design
Forum for Health Economics & Policy, 2007, 10, (2), 33 View citations (49)
The sociology of groups and the economics of incentives: Theory and evidence on compensation systems
Journal of Economic Behavior & Organization, 2007, 62, (2), 187-214 View citations (91)
See also Working Paper The Sociology of Groups and the Economics of Incentives: Theory and Evidence on Compensation Systems, IZA Discussion Papers (2005) View citations (3) (2005)

2006

Does the profit motive make Jack nimble? Ownership form and the evolution of the US hospital industry
Health Economics, 2006, 15, (4), 345-361 View citations (22)
See also Working Paper Does the Profit Motive Make Jack Nimble? Ownership Form and the Evolution of the U.S. Hospital Industry, GSIA Working Papers (2005) View citations (6) (2005)
Is vertical integration anticompetitive?: Definitely maybe (but that's not final)
Journal of Health Economics, 2006, 25, (1), 175-180 View citations (16)

2005

The Volume–Outcome Effect, Scale Economies, and Learning-by-Doing
American Economic Review, 2005, 95, (2), 243-247 View citations (74)

2004

Physician Incentives in Health Maintenance Organizations
Journal of Political Economy, 2004, 112, (4), 915-931 View citations (72)

2003

Competition among Hospitals
RAND Journal of Economics, 2003, 34, (4), 764-85 View citations (132)
See also Working Paper Competition Among Hospitals, NBER Working Papers (2003) View citations (130) (2003)

2000

Are Invisible Hands Good Hands? Moral Hazard, Competition, and the Second-Best in Health Care Markets
Journal of Political Economy, 2000, 108, (5), 992-1005 View citations (66)
See also Working Paper Are Invisible Hands Good Hands? Moral Hazard, Competition, and the Second Best in Health Care Markets, NBER Working Papers (1998) View citations (1) (1998)

1999

Change, Consolidation, and Competition in Health Care Markets
Journal of Economic Perspectives, 1999, 13, (1), 141-164 View citations (46)
See also Working Paper Change, Consolidation, and Competition in Health Care Markets, HEW (1998) View citations (6) (1998)

1998

Introduction to the special issue on competition and antitrust policy in health care markets
Health Economics, 1998, 7, (2), 161-162
Physician networks and their implications for competition in health care markets
Health Economics, 1998, 7, (2), 179-182 View citations (10)

1995

Incentives, Optimality, and Publicly Provided Goods: the Case of Mental Health Services
Public Finance Review, 1995, 23, (2), 167-192
See also Working Paper Incentives, Optimality, and Publicly Provided Goods: The Case of Mental Health Services, NBER Working Papers (1991) View citations (2) (1991)
Moral Hazard and Risk Spreading in Partnerships
RAND Journal of Economics, 1995, 26, (4), 591-613 View citations (123)
See also Working Paper Moral hazard and Risk Speading in Partnerships, Working Papers (1996) View citations (1) (1996)
Uncertain demand, the structure of hospital costs, and the cost of empty hospital beds
Journal of Health Economics, 1995, 14, (3), 291-317 View citations (74)
See also Working Paper Uncertain Demand, The Structure of Hospital Costs, and the Cost of EmptyHospital Beds, NBER Working Papers (1993) View citations (14) (1993)

1994

Adam Smith as health economist, redux. Professor Smith on the market for physician services
Journal of Health Economics, 1994, 13, (1), 119-122 View citations (3)
Issues in the Industrial Organization of the Market for Physician Services
Journal of Economics & Management Strategy, 1994, 3, (1), 211-255 View citations (37)
Also in Journal of Economics & Management Strategy, 1994, 3, (1), 211-55 (1994) View citations (49)
See also Working Paper Issues in the Industrial Organization of the Market for Physician Services, NBER Working Papers (1994) View citations (39) (1994)
Organizational Failure and Transfers in the Public Sector: Evidence from an Experiment in the Financing of Mental Health Care
Journal of Human Resources, 1994, 29, (1), 108-125

1993

Productivity consequences of alternative land division methods in China's decollectivization An econometric analysis
Journal of Development Economics, 1993, 42, (2), 357-386 View citations (11)

1992

More on Moral Hazard in Organizations: Reply
Public Choice, 1992, 74, (2), 257-62 View citations (2)

1991

Equilibrium misperceptions
Economics Letters, 1991, 35, (1), 27-30 View citations (1)

1990

Compensation and Productive Efficiency of Partnerships: Evidence from Medical Group Practice
Journal of Political Economy, 1990, 98, (3), 544-73 View citations (107)

1989

Competition within the Firm: Theory Plus Some Evidence from Medical Group Practice
RAND Journal of Economics, 1989, 20, (1), 59-76 View citations (11)
The presence of moral hazard in budget breaking
Public Choice, 1989, 61, (3), 261-267 View citations (3)

1984

Reviews
Public Choice, 1984, 42, (2), 217-224

Chapters

2011

Competition in Health Care Markets
Elsevier View citations (131)
See also Working Paper Competition in Health Care Markets, The Centre for Market and Public Organisation, University of Bristol, UK (2012) View citations (69) (2012)

2009

A Bargain at Twice the Price? California Hospital Prices in the New Millennium
A chapter in Frontiers in Health Policy Research, volume 12, 2009 View citations (3)
See also Journal Article A Bargain at Twice the Price? California Hospital Prices in the New Millennium, De Gruyter (2009) View citations (4) (2009)
Working Paper A Bargain at Twice the Price? California Hospital Prices in the New Millennium, National Bureau of Economic Research, Inc (2009) View citations (4) (2009)

2002

Physician contracting with health plans: a survey of the literature
Chapter 3 in The Economics of Health Care in Asia-Pacific Countries, 2002, pp 33-62

2000

Antitrust and competition in health care markets
Chapter 27 in Handbook of Health Economics, 2000, vol. 1, pp 1405-1487 View citations (84)
See also Working Paper Antitrust and Competition in Health Care Markets, National Bureau of Economic Research, Inc (1999) View citations (19) (1999)