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The Specification of Diagnosis-Related Groups.

Abstract:

Suppliers who are better informed than purchasers, such as physicians treating insured patients, often have discretion over what to provide. This paper shows how, when the purchaser observes what is supplied but neither recipient type nor the actual cost incurred, optimal provision differs from what would be efficient if the purchaser had full information, whether or not the supplier can extract informational rent. The analysis is applied to, among other things, data on tests for coronary art...

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Authors


James Malcomson More by this author
Volume:
162
Series:
Discussion paper series
Publication date:
2003
URN:
uuid:fd098209-4e70-408c-982f-643bf8a13a87
Local pid:
ora:1201
Language:
English

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