A MODEL OF PHYSICIAN PRICING,
Abstract
It is not clear whether the market for physician services can be better characterized as monopolistic or competitive. This paper attempts to shed some light upon that question. The tests are based upon inferences from two alternative models of the market for physician services. The first model is that of a monopoly, and is the model which the foregoing discussion of the market leads us to formulate. In the second model price is set by the intersection of supply and demand curves, as in a competitive market. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 1969
- Accession Number
- AD0681115
Entities
People
- Joseph P. Newhouse
Organizations
- RAND Corporation