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Welfare properties of restrictions to health care based on cost effectiveness
Laura Levaggi1, Rosella Levaggi
1Faculty of Science and Technology, Free University of Bozen, Bozen-Bolzano, Italy.
Abstract:
In this note we explore the welfare properties of access restrictions to health care based on cost effectiveness. We show that such instrument can improve the average effectiveness of health care, but it is optimal only under specific assumptions relating to the shape of the welfare function and the utility of health care.
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