Article1977

Deductibles and the Demand for Medical Care Services: The Theory of a Consumer Facing a Variable Price Schedule under Uncertainty

Emmett B. Keeler · Joseph P. Newhouse · Charles E. Phelps

170 citations0/0 files storedEconometrica

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Healthcare Policy and Management Healthcare Systems and Reforms Pharmaceutical Economics and Policy

Abstract

E. B. Keeler, J. P. Newhouse, C. E. Phelps, Deductibles and the Demand for Medical Care Services: The Theory of a Consumer Facing a Variable Price Schedule under Uncertainty, Econometrica, Vol. 45, No. 3 (Apr., 1977), pp. 641-656

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References

2003UNCERTAINTY AND THE WELFARE ECONOMICS OF MEDICAL CARE 1992Market Insurance, Self-Insurance, and Self-Protection 1972Micro-Economic Foundations of Employment and Inflation Theory.1970Medical insurance: A case study of the tradeoff between risk spreading and appropriate incentives 1973The Welfare Loss of Excess Health Insurance 1975Nonmonetary Factors in the Demand for Medical Services: Some Empirical Evidence 1971Hospital Cost Inflation: A Study of Nonprofit Price Dynamics

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