A low quality–high cost–low satisfaction trap in public health care: a model and an efficiency-quality-welfare improving stochastic resolution

Ahmet Kara ()

Quality & Quantity: International Journal of Methodology, 2013, vol. 47, issue 4, 2093 pages

Abstract: This paper develops an applied stochastic model of public health care and shows that the public health care sector in Turkey is plagued by a low quality–high cost–low satisfaction trap which has been persistent over time. The values in question are shown to be stochastically stable. We formulate an efficiency-quality-welfare improving stochastic policy rule, which helps the sector to reach a selected target and which stabilizes quality, cost and welfare around that target. Copyright Springer Science+Business Media B.V. 2013

Keywords: Stochastic equilibria; Quality; Health care sector (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:qualqt:v:47:y:2013:i:4:p:2081-2093

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DOI: 10.1007/s11135-011-9643-6

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