Title: Mixed Public/Private Health Insurance as an Evolutionary Game
Abstract: Most of the theoretical literature on private health insurance given a universal public alternative is partial equilibrium and static in nature. However, empirically, equilibria in these markets can take time to emerge and depend on other markets. This paper develops a dynamic game that describes the co-evolution of the public/private insurance and the public/private hospital markets. With a modest set of differential equations, a pattern of growth emerges wich is distinctly non-linear.
Publication Year: 2001
Publication Date: 2001-01-01
Language: en
Type: article
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Cited By Count: 1
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