A copy of this work was available on the public web and has been preserved in the Wayback Machine. The capture dates from 2017; you can also visit the original URL.
The file type is
We examine the welfare effects of the interaction of three types of technological progress in medicine and health insurance; some paradoxes emerge. The model specifies three types of people: W (well); H (sick with high cure rate κ H if treated); and L (sick with low cure rate κ L if treated); they comprise proportions π W , π H , π L of the population. There are four insurance modes: Indemnity (doi:10.2139/ssrn.2126775 fatcat:xtxd2xfjzneszlaafh3yxsgsq4