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Incentives and Choice in Health Care

Frank A. Sloan and Hirschel Kasper

Abstract

A vast body of empirical evidence has accumulated demonstrating that incentives affect health care choices made by both consumers and suppliers of health care services. Decisions in health care are affected by many types of incentives, such as the rate of return pharmaceutical manufacturers expect on their investments in research and development, or disincentives, such as increases in copayments patients must make when they visit physicians or are admitted to hospitals. This book reviews these new results and describes recent research assessing the role of incentives in health care markets and ... More

Keywords: health care, incentives, consumers, suppliers, rate of return, pharmaceutical manufacturers, research and development, disincentives, copayments

Bibliographic Information

Print publication date: 2008 Print ISBN-13: 9780262195775
Published to MIT Press Scholarship Online: August 2013 DOI:10.7551/mitpress/9780262195775.001.0001

Authors

Affiliations are at time of print publication.

Frank A. Sloan, editor

Hirschel Kasper, editor