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Optimal Contracts for Health Services in the Presence of Waiting Times and Asymmetric Information Author info | Abstract | Publisher info | Download info | Related research | Statistics Luigi Siciliani (University of York, UK)
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This study presents a model of optimal contracting for health services in the presence of excess demand and waiting times. We assume that: i) hospitals differ in their demand for treatment; ii) potential demand is private information of the provider; iii) specialists can dump patients; iv) activity and waiting times are contractible. A separating equilibrium exists when it is optimal for the purchaser to contract more activity and longer waiting times to those hospitals with higher demand. Hospitals with low demand gain informational rents. A pooling equilibrium may also occur.
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Article provided by Berkeley Electronic Press in its journal Contributions to Economic Analysis & Policy .
Volume (Year): 7 (2007)
Issue (Month): 1 ()
Pages: 1661-1661
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Keywords: contracts health care waiting times rationing asymmetric information Find related papers by JEL classification: I11 - Health, Education, and Welfare - - Health - - - Analysis of Health Care Markets
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De Fraja, Gianni, 2000.
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Olivella, Pau, 2003.
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Ellis, Randall P., 1998.
"Creaming, skimping and dumping: provider competition on the intensive and extensive margins1 ,"
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Siciliani, Luigi, 2006.
"Selection of treatment under prospective payment systems in the hospital sector ,"
Journal of Health Economics ,
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Luigi Siciliani & Jeremy Hurst, 2003.
"Explaining Waiting Times Variations for Elective Surgery Across OECD Countries ,"
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Rickman, Neil & McGuire, Alistair, 1999.
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Pau Olivella Cunill & Pedro Pita Barros, 2000.
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Econometric Society World Congress 2000 Contributed Papers
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[Downloadable!] Pedro Pita Barros & Pau Olivella, .
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"Waiting Lists and Patient Selection ,"
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