Publication:
Global Budgets and Excess Demand for Hospital Care

dc.affiliation.dptoUC3M. Departamento de Economíaes
dc.contributor.authorFeldman, Roger
dc.contributor.authorLobo, Félix
dc.date.accessioned2009-12-01T11:39:51Z
dc.date.available2009-12-01T11:39:51Z
dc.date.issued1997
dc.description.abstractExcess demand is a pervasive feature of health care systems that use global budgets to pay for hospital care, regardless of the amount of money spent by those systems. This paper presents a theory that explains this feature of global budgets. The theory emphasizes that hospital administrators control the allocation of their budget, and that they choose quantity and resource intensity to maximize their own utility. The equilibrium quantity of care provided may be less than quantity demanded by consumers, leading to excess demand for admissions. An increase in the hospital’s budget may even be associated with an increase in excess demand.
dc.description.statusPublicado
dc.format.mimetypetext/plain
dc.format.mimetypeapplication/pdf
dc.identifier.bibliographicCitationHealth Economic. 1997, vol. 6, nº 2, p.187-196
dc.identifier.doi10.1002/(SICI)1099-1050(199703)6:2<187
dc.identifier.issn1099-1050
dc.identifier.urihttps://hdl.handle.net/10016/4290
dc.language.isoeng
dc.publisherJohn Wiley & Sons
dc.relation.publisherversionhttp://www3.interscience.wiley.com/cgi-bin/fulltext/14641/PDFSTART
dc.relation.publisherversionhttp://dx.doi.org/10.1002/(SICI)1099-1050(199703)6:2<187
dc.rights©1997 by John Wiley & Sons
dc.rights.accessRightsopen access
dc.subject.ecienciaEconomía
dc.subject.otherglobal budgets
dc.subject.otherhospital care
dc.titleGlobal Budgets and Excess Demand for Hospital Care
dc.typeresearch article*
dc.type.reviewPeerReviewed
dspace.entity.typePublication
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