Albert Ma; Room 557, 270 Bay State Road; ma@bu.edu
Office hours: Tuesday 11-12:30pm; Thursday 2-3:30pm
Health Care, Insurance, Moral Hazard and Adverse Selection
Kenneth J. Arrow, 1963, “The Welfare Economics of Medical Care,” American Economic Review, 53, 941-973
Zeckhauser, Richard, 1970, “Medical Insurance: A Case Study of the Tradeoff between Risk Spreading and Appropriate Incentives,” Journal of Economic Theory, 2, 10-26
Pauly, Mark, 1968, “The Economics of Moral Hazard: Comment,” American Economic Review, 58, 531-537
Ma, Ching-to Albert and Michael H. Riordan, 2002, “Health Insurance, Moral Hazard, and Managd Care,” Journal of Economics & Management Strategy, 11, 81-107
Blomqvist, Ake, 1997, “Optimal non-linear health insurance,” Journal of Health Economics, 16, 303 – 321
Rothschild, Michael and Joseph E. Stiglitz, 1976, “Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information,” Quarterly Journal of Economics (0(4), 630-649
Villeneuve, Bertrand, 2005, “Competition between Insuers with Superior Information,” European Economic Review, 321-340.
Chiappori, Pierre-Andre, and Bernard Salanie, 2000, “Testing for Asymmetric Information in Insurance Markets,” Journal of Political Economy, 108, 56-78.
De Meza, David and David C. Webb, 2001, “Advantageous Selection in Insurance Markets,” Rand Journal of Economics, 32, 249-262.
The Patient-Physician Interaction
Dranove, David, 1988, “Demand Inducement and the Physician/Patient Relationship,” Economic Inquiry, 26, 251-298
Rochaix, Lise, 1989, “Information Asymmetry and Search in the Market for Physician Services,” Journal of Health Economics, 8, 53-84.
Ma, Ching-to Albert and Thomas G. McGuire, 1997, “Optimal Health Insurance and Provider Payment,” American Economic Review, 87, 685-704.
Provider Payment and Incentives
Ellis, Randall P. and Thomas G. McGuire, 1986, “Provider Behavior under Prospective Reimbursement: Cost Sharing and Supply,” Journal of Health Economics, 5, 129-151.
Ellis, Randall P. and Thomas G. McGuire, 1990, “Optimal Payment System for Health Services,” Journal of Health Economics, 9, 375-396.
Ma, Ching-to Albert, 1994, “Health Care Payment Systems: Cost and Quality Incentives,” Journal of Economics & Management Strategy, 3, 93-112
Ma, Ching-to Albert, 1998, “Cost and Quality Incentive in Health Care: A Reply,” Journal of Economics & Management Strategy, 7, 139-142, 1998.
Jack, William, 2005, “Purchasing health care services from providers with unknown altruism,” Journal of Health Economics, 24, 73-94.
Barros, Pedro Pita, 2003, “Cream-skimming, Incentives for Efficiency and Payment System,” Journal of Health Economics, 22, 419-443.
Ma, Ching-to Albert, and Henry Y. Mak, 2012, “Information Disclosure and the Equivalence of Prospective Payment and Cost Reimbursement,” working paper, 2012
Selection and Risk Adjustment
Jacob Glazer, and Thomas G. McGuire, 2000, “Optimal Risk Adjustment in Markets with Adverse Selection: An Application to Managed Care,” American Economics Review, 90, 1055-1071.
Glazer, Jacob, and Thomas G. McGuire, 2006, “Optimal Quality Reporting in Markets for Health Plans,” Journal of Health Economics, 25, 295-310
David M. Cutler and Sarah Reber, 1998, “The Tradeoff between Competition and Adverse Selection,” Quarterly Journal of Economics, 113, 433-466.
Miller, Nolan, 2005, “Health Benefits and Wages: Minimizing Total Compensation Cost,” Journal of Health Economics, 24, 931-949
Quality Competition in the Health Care Market
Ching-to Albert Ma and Jim Burgess, 1993, “Quality Competition, Welfare, and Regulation,” Zeitschrift fur Nationalokonomie, Journal of Economics, Vol. 58, 153-173.
Pedro Pita Barros and Xavier Martinez-Giralt, 2002, “Public and Private Provision of Health Care,” Journal of Economics & Management Strategy, 11, 109-134
Biglaiser, Gary, and Ching-to Albert Ma 2003, “Price and Quality Competition under Adverse Selection: Market Organization and Efficiency,” Rand Journal of Economics, 34, 266-286.
Bardey, David, and Jean-Charles Rochet, 2010, “Competition among Health Plans: a Two-Sided Market Approach,” Journal of Economics & Management Strategy, 19, 435-451.
Olivella, Pau, and Marcos Vera-Hernandez, 2007, “Competition among Differentiated Health Plans under Adverse Selection,” Journal of Health Economics, 26, 233-250.
Managed Care and Health Maintenance Organization
Richard G. Frank, Jacob Glazer, Thomas G. McGuire, 2000 “Measuring Adverse Selection in Managed Health Care,”, Journal of Health Economics, 19, 829-854.
Ma, Ching-to Albert, 2004 “Managed Care and Shadow Price,” Health Economics, 13, 199-202.
Malcomson, James, 2004 “Health Service Gatekeepers,” Rand Journal of Economics, 35, 401-421.
Brekke, Kurt R., Robert Nuscheler and Odd Rune Straume, 2007, “Gatekeeping in Health Care,” Journal of Health Economics, 26, 149-170.
Dranove, David, and Kathryn E. Spier, 2003, “A Theory of Utilization Review,” BE Journal of Economic Analysis and Policy, Contribution, available on-line at www.bepress.com
Ma, Ching-to Albert and Thomas G. McGuire, 2002, “Network Incentives in Managed Health Care,” Journal of Economics & Management Strategy, 11, 1-36.
Miller, Nolan, 2006, “Insurer-provider Integration, Credible Commitment, and Managed-care Backlash,” Journal of Health Economics, 25, 861-876.
Public and Private Health Care
Blackorby, Charles and David Donaldson, 1988, “Cash versus Kind, Self-Selection, and Efficient Transfer” American Economic Review, 78, 691-700.
Besley, Timothy, and Stephen Coate, 1991, “Public Provision of Private Goods and The Redistribution of Income,” American Economic Review, 81, 979-984.
Pita Barros, Pedro, and Pau Olivella, 2005, “Waiting Lists and Patient Selection,” Journal of Economics & Management Strategy, 14, 623-646.
Gonzalez, Paula, 2004 “Should Physicians’ Dual Practice be Limited? An Incentive Approach,” Health Economics, 13: 505-524
Biglaiser, Gary, and Ching-to Albert Ma, 2007, “Moonlighting: Public Service and Private Practice,” Rand Journal of Economics, 38, 1113-1133.
Ma, Ching-to Albert, 2003, “Public Rationing and Private Cost Incentives,” Journal of Public Economics, 88, 333-352.
Hoel, Michael, 2007, “What Should (Public) Health Insurance Cover?” Journal of Health Economics, 26, 251-262.
Grassi, Simona, and Ching-to Albert Ma, 2012, “Public Section Rationing and Private Sector Selection,” Journal of Public Economic Theory, Vol. 14, 1-34.
Grassi, Simona and Ching-to Albert Ma, 2011, “Optimal Public Rationing
and Price Response,” Journal of Health Economics, Vol. 30, 1197-1206.