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The Economists' Voice

Ed. by Cragg, Michael / Edlin, Aaron S. / Jaffee, Dwight / Stiglitz, Joseph / Zwiebel, Jeffrey

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Reducing Healthcare Costs Requires Good Market Design

Peter Cramton1 / Brett E Katzman2

1University of Maryland

2Kennesaw State University

Citation Information: The Economists' Voice. Volume 7, Issue 4, ISSN (Online) 1553-3832, DOI: 10.2202/1553-3832.1802, October 2010

Publication History

Published Online:
2010-10-27

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 Kennewaw State University.

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