Jawinsky, Johanna (contributor); Lundin, Douglas (contributor) - 2000 - [Elektronische Ressource]
One of the main features of health insurance is moral hazard, as defined by Pauly (1968); people face incentives for excess utilization of medical care since they do not pay the full marginal cost for provision. To mitigate the moral hazard problem, a coinsurance can be included in the insurance...
