Hospital competition when patients learn through experience

Detalhes bibliográficos
Autor(a) principal: Sá, Luís
Data de Publicação: 2022
Outros Autores: Straume, Odd Rune
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: https://hdl.handle.net/1822/81720
Resumo: NIPE 12.2022
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spelling Hospital competition when patients learn through experienceHospital competitionexperience goodsforward-looking consumersexpectationsqualityNIPE 12.2022We study competing hospitals' incentives for quality provision in a dynamic setting where healthcare is an experience good. In our model, the utility a patient derives from choosing a particular provider depends on a subjective component specifi c to the match between the patient and the provider, which can only be learned through experience. We find that the experience-good nature of healthcare can either reinforce or dampen the demand responsiveness to quality and the hospitals' incentives for quality provision, depending on two key factors: (i) the shape of the distribution of match-specific utilities, and (ii) the cost relationship between quality provision and treatment volume. Our analysis helps identify and understand the conditions required for the market-based provision of healthcare to deliver improved quality.This paper is financed by National Funds of the FCT (Portuguese Foundation for Science and Technology) within the project UIDB/03182/2020.Universidade do Minho. Núcleo de Investigação em Políticas Económicas (NIPE)Universidade do MinhoSá, LuísStraume, Odd Rune20222022-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttps://hdl.handle.net/1822/81720enghttps://nipe.eeg.uminho.pt/en/nipe-publications/#documentos-de-trabalhoinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-07-21T12:17:48Zoai:repositorium.sdum.uminho.pt:1822/81720Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T19:10:29.091898Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Hospital competition when patients learn through experience
title Hospital competition when patients learn through experience
spellingShingle Hospital competition when patients learn through experience
Sá, Luís
Hospital competition
experience goods
forward-looking consumers
expectations
quality
title_short Hospital competition when patients learn through experience
title_full Hospital competition when patients learn through experience
title_fullStr Hospital competition when patients learn through experience
title_full_unstemmed Hospital competition when patients learn through experience
title_sort Hospital competition when patients learn through experience
author Sá, Luís
author_facet Sá, Luís
Straume, Odd Rune
author_role author
author2 Straume, Odd Rune
author2_role author
dc.contributor.none.fl_str_mv Universidade do Minho
dc.contributor.author.fl_str_mv Sá, Luís
Straume, Odd Rune
dc.subject.por.fl_str_mv Hospital competition
experience goods
forward-looking consumers
expectations
quality
topic Hospital competition
experience goods
forward-looking consumers
expectations
quality
description NIPE 12.2022
publishDate 2022
dc.date.none.fl_str_mv 2022
2022-01-01T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
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status_str publishedVersion
dc.identifier.uri.fl_str_mv https://hdl.handle.net/1822/81720
url https://hdl.handle.net/1822/81720
dc.language.iso.fl_str_mv eng
language eng
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eu_rights_str_mv openAccess
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dc.publisher.none.fl_str_mv Universidade do Minho. Núcleo de Investigação em Políticas Económicas (NIPE)
publisher.none.fl_str_mv Universidade do Minho. Núcleo de Investigação em Políticas Económicas (NIPE)
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