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Article
Reducing Healthcare Costs Requires Good Market Design
The Economists' Voice (2010)
  • Peter Cramton, University of Maryland
  • Brett E. Katzman, Kennesaw State University
Abstract
Healthcare costs are no doubt too high, and Congress has been pushing for 13 years to harness market forces in Medicare procurement. But despite all this time, we are on the precipice of adopting a very poor market design according to Peter Cramton of University of Maryland and Brett Katzman of Kennesaw State University.
Keywords
  • Medicare auctions,
  • healthcare auctions,
  • procurement auctions
Publication Date
October, 2010
Citation Information
Peter Cramton and Brett E. Katzman. "Reducing Healthcare Costs Requires Good Market Design" The Economists' Voice Vol. 7 Iss. 4 (2010)
Available at: http://works.bepress.com/brett_katzman/2/