Evolving measures of provider market power

David Stuart Dranove*, Christopher Ody

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

4 Scopus citations

Abstract

Many researchers assess the impact of provider market structure and market power on outcomes such as price. These studies use a variety of measures of structure and power, ranging from ad hoc measures often based on census boundaries to structural measures derived from economic models of provider-payer bargaining. We explain the shortcomings of ad hoc measures, and, through a series of “horse races” show that one leading structural measure, the “willingness to pay,” is a consistently better predictor of prices.

Original languageEnglish (US)
Pages (from-to)145-160
Number of pages16
JournalAmerican Journal of Health Economics
Volume2
Issue number2
DOIs
StatePublished - May 1 2016

Keywords

  • Competition
  • Market share
  • Market structure

ASJC Scopus subject areas

  • Health Policy
  • Public Health, Environmental and Occupational Health

Fingerprint Dive into the research topics of 'Evolving measures of provider market power'. Together they form a unique fingerprint.

Cite this