4 ms·
Inelastic demand, information asymmetry, and principal-agency make it difficult for markets to have much impact on healthcare costs, unfortunately.
by afpx 9y ago
Inelastic demand, information asymmetry, and principal-agency make it difficult for markets to have much impact on healthcare costs, unfortunately.
- cgmg 9y ago"Inelastic demand, information asymmetry, and principal-agency make it difficult for markets to..." The order of causation here is wrong. Many of those problems exist because the market for healthcare is vastly inefficient in the United States.