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The Economists' Voice

Ed. by Cragg, Michael / Stiglitz, Joseph / Zwiebel, Jeffrey

SCImago Journal Rank (SJR) 2015: 0.164
Source Normalized Impact per Paper (SNIP) 2015: 0.264
Impact per Publication (IPP) 2015: 0.143

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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

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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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Peter Cramton, Sean Ellermeyer, and Brett Katzman
Economic Inquiry, 2015, Volume 53, Number 1, Page 469

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