Health Care Demand and Health Insurance

The paper presents a model that uses the standard expected-utility model that considers a one-argument utility function. This approach seems nevertheless not very realistic and restrictive. The paper first compares health care demand with and without health insurance. It allows dealing with the problem of ex post moral hazard which is given rise to a growing part of empirical literature on health insurance. It secondly analyzes health insurance demand for a given health care demand.

Provided by: University of Missouri Topic: Date Added: Apr 2002 Format: PDF

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