Browsing Department of Economics (ECO) by Author "MAK, Henry Y."

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Browsing Department of Economics (ECO) by Author "MAK, Henry Y."

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    Title: Information Disclosure and the Equivalence of Prospective Payment and Cost Reimbursement  Author(s): MA, Ching-to Albert; MAK, Henry Y. Date: 2012 Type of Publication: Working Paper Series/Report no.: EUI MWP Abstract: A health care provider chooses medical service quality and cost-reduction effort. Both choices are non-contractible. An insurer observes both quality and cost effort, and may credibly disclose them to consumers. In prospective ...