Global Budgets and Excess Demand for Hos
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Roger Feldman; Felix Lobo
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Article
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1997
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John Wiley and Sons
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English
β 164 KB
Excess demand is a pervasive feature of health care systems that use global budgets to pay for hospital care, regardless of the amount of money spent by those systems. This paper presents a theory that explains this feature of global budgets. The theory emphasizes that hospital administrators contro