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We examine the evolving structure of the US hospital industry since 1970, focusing on how ownership form influences entry and exit behavior. We develop theoretical predictions based on the model of Lakdawalla and Philipson, in which for-profit and not-for-profit hospitals differ regarding their...
Persistent link: https://www.econbiz.de/10005440500
In this chapter we review issues relating to antitrust and competition in health care markets. The chapter begins with a brief review of antitrust legislation. We then discuss whether and how health care is different from other industries in ways that might affect the optimality of competition....
Persistent link: https://www.econbiz.de/10005381107
Persistent link: https://www.econbiz.de/10005571542
The nature and normative properties of competition in health care markets have long been the subject of much debate. In this paper we consider what the optimal benchmark is in the presence of moral hazard effects on consumption due to health insurance. Intuitively, it seems that imperfect...
Persistent link: https://www.econbiz.de/10005733378
In this chapter we review issues relating to antitrust and competition in health care markets. The chapter begins with a brief review of antitrust legislation. We then discuss whether and how health care is different from other industries in ways that might affect the optimality of competition....
Persistent link: https://www.econbiz.de/10014024178
Persistent link: https://www.econbiz.de/10009622063
Persistent link: https://www.econbiz.de/10008826699
In addition to the wireless telephony boom, a similar exponentially increasing trend in wireless data service--for example, short message service (SMS)--is visible as technology advances. We develop a structural model to examine user demand for voice service and SMS. Specifically, we measure the...
Persistent link: https://www.econbiz.de/10009197629
The retirement behavior of Pennsylvania public school teachers in 1997–98 and 1998–99, a period when state early retirement incentives were temporarily increased, is modeled using a choice framework that emphasizes both pecuniary and nonpecuniary factors of the retirement decision under a...
Persistent link: https://www.econbiz.de/10010561353
Medicare Part D relies upon drug plan competition. Plans have enormous scope to design benefits and to set premiums, but they may not charge differential premiums based on risk. We use the formulary and benefit design of all Medicare prescription drug plans and pharmacy claims data to construct...
Persistent link: https://www.econbiz.de/10009132570