| Literature DB >> 18674836 |
Abstract
We explore the hierarchy of two instruments, waiting time and coinsurance for medical treatment, for optimally solving the tradeoff between the economic gains from risk sharing and the losses from moral hazard. We show that the optimal waiting time is zero, given that the coinsurance rate is optimally set.Mesh:
Year: 2008 PMID: 18674836 DOI: 10.1016/j.jhealeco.2008.06.002
Source DB: PubMed Journal: J Health Econ ISSN: 0167-6296 Impact factor: 3.883