The ‘Red Herring’ Hypothesis: Some Theory and New Evidence
The ‘red herring’ hypothesis (RHH) claims that apart from income and medical technology, proximity to death rather than age constitutes the main determinant of healthcare expenditure (HCE). This paper seeks to underpin the RHH with some theory to derive new predictions also for a rationed setting, a...
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| Format: | Article |
| Language: | English |
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MDPI AG
2022-01-01
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| Series: | Healthcare |
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| Online Access: | https://www.mdpi.com/2227-9032/10/2/211 |