deductible and high premium. The market tries to find a separating equilibrium. But the other problems that

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deductible and high premium. The market tries to find a separating equilibrium. But the other problems that we examine below make an efficient outcome unlikely.

Moral Hazard in Healthcare Services

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Foundations Of Microeconomics

ISBN: 9780134491981

8th Edition

Authors: Robin Bade, Michael Parkin

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