Accession Number : AD0694577

Title :   THE ECONOMICS OF MORAL HAZARD: FURTHER COMMENT,

Corporate Author : RAND CORP SANTA MONICA CALIF

Personal Author(s) : Newhouse,Joseph P. ; Taylor,Vincent

Report Date : AUG 1969

Pagination or Media Count : 12

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)

Descriptors :   (*HOSPITALS, COSTS), (*ECONOMICS, MEDICINE), ATTITUDES(PSYCHOLOGY), BUDGETS, DECISION MAKING, PROBLEM SOLVING, QUALITY CONTROL, FEASIBILITY STUDIES

Subject Categories : Economics and Cost Analysis
      Medicine and Medical Research

Distribution Statement : APPROVED FOR PUBLIC RELEASE