The Specification of Diagnosis-Related Groups.

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...

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Bibliographic Details
Main Author: Malcomson, J
Format: Working paper
Language:English
Published: Department of Economics (University of Oxford) 2003