Uncertainty and Hospital Costs

Uncertainty and Hospital Costs

The role of uncertainty in the provision of medical care, especially in regard to health insurance and the demand for medical care, has been the concern of theoretical work by K.J. Arrow [1; 2], H.G. Grubel [8], and M.V. Pauly [17]. Empirical estimates of demand have been made by M.S. Feldstein [5;...

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Veröffentlicht in:Southern economic journal 1972-10, Vol.39 (2), p.267-273
Hauptverfasser: Joseph, Hyman, Folland, Sherman
Format: Artikel
Sprache:eng
Schlagworte:
Average cost
Average total cost
Censuses
Cost estimates
Cost functions
Estimates
Hospital beds
Hospital costs
Hospital utilization rate
Implicit costs
Nonprofit hospitals
Patients
Utilities costs
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Zusammenfassung:The role of uncertainty in the provision of medical care, especially in regard to health insurance and the demand for medical care, has been the concern of theoretical work by K.J. Arrow [1; 2], H.G. Grubel [8], and M.V. Pauly [17]. Empirical estimates of demand have been made by M.S. Feldstein [5; 6], H. Joseph [13; 14], and G.D. Rosenthal...
ISSN:0038-4038
2325-8012
DOI:10.2307/1056597