Essays in microeconomic theory

C. Schottmuller

Essays in microeconomic theory

C. Schottmuller

Research output: Thesis › Doctoral Thesis

Abstract

The fourth paper explains why it might not be welfare maximizing to incentivize doctors to take costs of treatment into account in their prescription decisions. By extending the classic cheap talk model, it is shown that cost incentives reduce the information transmitted from patient to doctor which leads to a welfare loss.

Original language	English
Qualification	Doctor of Philosophy
Awarding Institution	Tilburg University
Supervisors/Advisors	Boone, Jan, Promotor
Award date	21 Jun 2012
Place of Publication	Tilburg
Publisher	CentER, Center for Economic Research
Print ISBNs	9789056683177
Publication status	Published - 2012

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title = "Essays in microeconomic theory",

abstract = "The fourth paper explains why it might not be welfare maximizing to incentivize doctors to take costs of treatment into account in their prescription decisions. By extending the classic cheap talk model, it is shown that cost incentives reduce the information transmitted from patient to doctor which leads to a welfare loss.",

author = "C. Schottmuller",

year = "2012",

language = "English",

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series = "CentER Dissertation Series",

publisher = "CentER, Center for Economic Research",

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AB - The fourth paper explains why it might not be welfare maximizing to incentivize doctors to take costs of treatment into account in their prescription decisions. By extending the classic cheap talk model, it is shown that cost incentives reduce the information transmitted from patient to doctor which leads to a welfare loss.

M3 - Doctoral Thesis

SN - 9789056683177

T3 - CentER Dissertation Series

PB - CentER, Center for Economic Research

CY - Tilburg

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