Browsing Department of Economics by Author "Gravelle, Hugh"
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Optimal hospital payment rules under rationing by random waiting.
Gravelle, Hugh; Schroyen, Fred (SAM;8/2016, Working paper, 2016-05-19)We derive optimal rules for paying hospitals in a public health care system in which providers can choose quality and random patient demand is rationed by waiting time. Since waiting time imposes real costs on patients ... -
Optimal hospital payment rules under rationing by waiting
Gravelle, Hugh; Schroyen, Fred (Peer reviewed; Journal article, 2020)We derive optimal rules for paying hospitals for non-emergency care when providers choose quality and capacity, and patient demand is rationed by waiting time. Waiting for treatment is costly for patients, so that hospital ...