Hospital competition when patients learn through experience

Bibliographic Details
Main Author: Sá, Luís
Publication Date: 2022
Other Authors: Straume, Odd Rune
Format: Article
Language: eng
Source: Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
Download full: https://hdl.handle.net/1822/81720
Summary: 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:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiainstacron:RCAAP2024-05-11T05:32:49Zoai:repositorium.sdum.uminho.pt:1822/81720Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireinfo@rcaap.ptopendoar:https://opendoar.ac.uk/repository/71602025-05-28T15:22:02.064595Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiafalse
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
format article
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
dc.relation.none.fl_str_mv https://nipe.eeg.uminho.pt/en/nipe-publications/#documentos-de-trabalho
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
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)
dc.source.none.fl_str_mv reponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
instacron:RCAAP
instname_str FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
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reponame_str Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
collection Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
repository.name.fl_str_mv Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
repository.mail.fl_str_mv info@rcaap.pt
_version_ 1833595270019940352

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