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| Author: | Gaynor, M. |
| Title: | Issues in the industrial organization of the market for physician services |
| Journal: | Journal of Economics & Management Strategy
1994 : SPRING, VOL. 3:1, p. 211-255 |
| Index terms: | MEDICAL CARE SERVICE INDUSTRIAL ORGANIZATION |
| Language: | eng |
| Abstract: | What is the nature of the industrial organization of the market for physician services? Is the market "competitive"? Are there pareto-relevant market failures, such that there is room for welfare-improving policies? Economists have devoted a great deal of attention to this market, but it remains relatively poorly understood. The key features of this market are that the product being sold is a professional service, and the pervasive presence of insurance for consumers. |
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