Bates, Laurie J.; Mukherjee, Kankana; Santerre, Rexford E. - In: Journal of Risk & Insurance 77 (2010) 1, pp. 211-229
Conventional economic theory predicts that medical insurance coverage causes an inefficient production of health because of "ex ante" and "ex post" moral hazard effects. However, no research has empirically examined the magnitude of the inefficiency. This study empirically examines the...