Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/208537 
Year of Publication: 
2007
Series/Report no.: 
Working paper No. 5-2007
Publisher: 
Copenhagen Business School (CBS), Department of Economics, Frederiksberg
Abstract: 
In the paper, we use the theory of mechanism design to exhibit the cost of efficient provision of healthcare, defined as the uniquely defined sum of individual side payments which would eliminate moral hazard. It is argued that this cost may be used to assess the costs arising from use of the treatment in cases where it is not appropriate from a strictly medical point of view. An example is given to indicate how this assessment might enter into practical cost-effectiveness analysis.
Persistent Identifier of the first edition: 
Creative Commons License: 
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Document Type: 
Working Paper

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