Note---On Making the Illustration Illustrative: A Comment on Banker, Conrad and Strauss

Richard G. Frank
Additional contact information
Richard G. Frank: School of Hygiene and Public Health, The Johns Hopkins University, Baltimore, Maryland 21205

Management Science, 1988, vol. 34, issue 8, 1026-1029

Abstract: Hospitals are firms which produce multiple outputs. Taking account of the multiproduct nature of the firm is important for appropriate analyses of hospital technology to be conducted. This paper comments on a recent study which was aimed at comparing two methods of analyzing hospital costs which incorporate multiple outputs and inputs. The comment focuses on how outputs are defined and problems related to aggregation of outputs. Limitations on the ability to interpret results reported by Banker, Conrad and Strauss are identified.

Keywords: cost function; aggregation; casemix; hospital (search for similar items in EconPapers)
Date: 1988
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://dx.doi.org/10.1287/mnsc.34.8.1026 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:inm:ormnsc:v:34:y:1988:i:8:p:1026-1029

Access Statistics for this article

More articles in Management Science from INFORMS Contact information at EDIRC.
Bibliographic data for series maintained by Chris Asher ().