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
Englisch

Bibliographic citation
Series: Working paper ; No. 5-2007

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Keiding, Hans
Hansen, Bodil O.
Event
Veröffentlichung
(who)
Copenhagen Business School (CBS), Department of Economics
(where)
Frederiksberg
(when)
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

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