Wednesday, August 28
Wednesday, August 28, 2019
Lecturer(s): Prof. Mathias Kifmann Location: Basel ECTS: 3
Microeconomic analysis is an important tool for health economics. This will be demonstrated for four selected topics which are at the core of health economics. For each topic, the lecture gives an overview. With the help of problem sets and presentations, more detailed aspects will be discussed. Participants should be familiar with microeconomic theory at least at an intermediary level. The course relies on research papers and the textbook
The course is intended for PhD students and other researchers interested in micro-economic topics in health economics. It consists of five days of lectures and presentation. Students are assessed on their presentation and discussion of a paper.
We cover the theory of optimal health insurance with and without moral hazard. The aim is to characterize the optimal insurance contracts, in particular to what extent deductibles and coinsurance are optimal.
In health insurance markets, selection issues can appear in a number of ways. We review the theory of adverse selection and discuss the problem of advantageous selection. Furthermore, we present models dealing with selection issues in markets with community rating.
This part of the course examines several multi-task agency problems of physician behavior. We consider physicians’ role in cost control, quality provision, patient access and referral decision. For each scenario, we examine the implications for the design of optimal payment.
The market for health care does not conform to the textbook model of perfect competition. Furthermore, competition often takes place in regulated settings. In particular, the price for health care is regulated. We discuss models of competition and their implications.
Local Coordinator: Nikola Jovanoski