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 language | English (US) |
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Pages (from-to) | 145-160 |
Number of pages | 16 |
Journal | American Journal of Health Economics |
Volume | 2 |
Issue number | 2 |
DOIs | |
State | Published - May 1 2016 |
Keywords
- Competition
- Market share
- Market structure
ASJC Scopus subject areas
- Health Policy
- Public Health, Environmental and Occupational Health