Health Insurance and Consumer Welfare : The Case of Monopolistic Drug Markets


Anlauf, Markus ; Wigger, Berthold U.


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URL: https://ub-madoc.bib.uni-mannheim.de/1045
URN: urn:nbn:de:bsz:180-madoc-10459
Document Type: Working paper
Year of publication: 1999
The title of a journal, publication series: Discussion Papers / Institut für Volkswirtschaftslehre und Statistik ; Department of Economics, Universität Mannheim
Volume: 565
Place of publication: Mannheim
Publication language: English
Institution: School of Law and Economics > Sonstige - Fakultät für Rechtswissenschaft und Volkswirtschaftslehre
MADOC publication series: Institut für Volkswirtschaftslehre und Statistik > Discussion Papers
Subject: 330 Economics
Classification: JEL: I11 D42 H51 ,
Subject headings (SWD): Krankenversicherung , Verschreibungspflichtiges Arzneimittel , Monopol
Abstract: Individual moral hazard engendered by health insurance and monopolistic production are both typical phenomena of drug markets. We develop a simple model containing these two elements and show that private agents tend to overinsure themselves against health respectively drug expenses if drugs can be produced at low marginal costs. If marginal costs are negligible, health insurance should be abandoned at all.
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Dieser Eintrag ist Teil der Universitätsbibliographie.

Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




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Anlauf, Markus ; Wigger, Berthold U. (1999) Health Insurance and Consumer Welfare : The Case of Monopolistic Drug Markets. Open Access Discussion Papers / Institut für Volkswirtschaftslehre und Statistik ; Department of Economics, Universität Mannheim Mannheim 565 [Working paper]
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