THE ECONOMICS OF MORAL HAZARD: FURTHER COMMENT,

Abstract

The document considers the effect of hospital insurance upon the consumption of those items in the consumer's utility function which relate to the 'quality' as well as the quantity of care consumed and suggests a means of minimizing the distorting influence of such insurance. It may also be of general relevance to the economics of insurance. (Author)

Document Details

Document Type
Technical Report
Publication Date
Aug 01, 1969
Accession Number
AD0694577

Entities

People

  • Joseph P. Newhouse
  • Vincent Taylor

Organizations

  • RAND Corporation

Tags

DTIC Thesaurus Topics

  • Business Administration
  • Economics
  • Health Services
  • Hospitals
  • Insurance
  • Money
  • Social Sciences

Fields of Study

  • Economics

Readers

  • Economics
  • Theoretical Analysis.