Arbeitspapier
Accounting for Moral Hazard In Cost-Effectiveness Analysis
In the paper, we use the theory of mechanism design to exhibit the cost of efficient provision of healthcare, defined as the uniquely defined sum of individual side payments which would eliminate moral hazard. It is argued that this cost may be used to assess the costs arising from use of the treatment in cases where it is not appropriate from a strictly medical point of view. An example is given to indicate how this assessment might enter into practical cost-effectiveness analysis.
- Language
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Englisch
- Bibliographic citation
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Series: Working paper ; No. 5-2007
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Keiding, Hans
Hansen, Bodil O.
- Event
-
Veröffentlichung
- (who)
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Copenhagen Business School (CBS), Department of Economics
- (where)
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Frederiksberg
- (when)
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2007
- Handle
- Last update
- 10.03.2025, 11:44 AM CET
Data provider
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Object type
- Arbeitspapier
Associated
- Keiding, Hans
- Hansen, Bodil O.
- Copenhagen Business School (CBS), Department of Economics
Time of origin
- 2007