Demand for Health & Healthcare - Three models for health care demand
4 important questions on Demand for Health & Healthcare - Three models for health care demand
When is healthcare worth it?
So, when it improves health or quality of life
What is the relationship between demand for health and healthcare?
What are the critiques on the assumptions of the medico-technical model? (5x)
- Doctors are not perfect agents but also pursue their own, sometimes conflicting interests
- Doctors often do not know with certainty the effect of medical treatments
- Consumers do not have uniform preferences for medical care, even if they would be equally well-informed as their doctors
- Consumers do not fully comply with the decisions of their doctors
- Consumers are not insensitive to prices and income
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What may happen in the imperfect agency model?
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
