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Agency and Market Efficiency in the U.S. Health Care Industry

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서명/저자사항Agency and Market Efficiency in the U.S. Health Care Industry.
개인저자Brot-Goldberg, Zarek Chase.
단체저자명University of California, Berkeley. Economics.
발행사항[S.l.]: University of California, Berkeley., 2019.
발행사항Ann Arbor: ProQuest Dissertations & Theses, 2019.
형태사항189 p.
기본자료 저록Dissertations Abstracts International 81-04B.
Dissertation Abstract International
ISBN9781085793933
학위논문주기Thesis (Ph.D.)--University of California, Berkeley, 2019.
일반주기 Source: Dissertations Abstracts International, Volume: 81-04, Section: B.
Advisor: Handel, Benjamin.
이용제한사항This item must not be sold to any third party vendors.This item must not be added to any third party search indexes.
요약This dissertation studies the role of principal-agent problems as a barrier to market efficiency in the U.S. health care industry. The rise of health care as a percent of U.S. gross domestic product, as well as the documented dispersion in the productivity and price of health care, demand a policy response. In this dissertation I ask how demand-side (Chapter 1) and supply-side (Chapter 2) incentives can work to increase or decrease competitive forces and affect the efficient functioning of the market.The first chapter, coauthored with Amitabh Chandra, Benjamin Handel, and Jonathan Kolstad, studies the role of principal-agent problems on the demand side. We study a large U.S. employer that changed their health insurance benefits from a comprehensive plan with no employee cost-sharing to a high-deductible health plan with significant cost-sharing, effectively increasing the price of health care to those employees. We find that, although employees do reduce their health care spending in response to this change, they do so in suboptimal ways. We find that (i) they reduce high-value care in similar proportion to low-value care
일반주제명Economics.
Health care management.
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