Supply of healthcare

Hans Keiding

Chapter 3 in Theoretical Health Economics, 2017, pp 81-134 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The following sections are included:The triangle of healthcare marketsHealthcare supply and supplier-induced demandAdvertising and the Dorfman-Steiner resultsAn economic model of the physicianDemand inducementAgency and common agencyThe principal-agent modelIncentive compatibility in the agency modelCommon agencyHospital management and objectivesA model for the choice of qualitySupply from private and public healthcare providersProductivity in healthcare provisionThe market for pharmaceutical drugsThe use of patentsPatent racesMarket size and researchThe life cycle of a drugDrug price comparisonsProblems

Keywords: Health Economics; Healthcare; Grossman Model; Newhouse-Phelps Model; Dorfman-Steiner; Lindahl Equilibria; Healthcare Pricing; Cost-Effectiveness Analysis; Healthcare Regulation (search for similar items in EconPapers)
JEL-codes: I18 (search for similar items in EconPapers)
Date: 2017
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