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David
Dranove
Walter McNerney Professor of Health Industry Management
Professor of Management and Strategy
Management and Strategy
BA
1977, Biology, MBA 1979, Cornell University; PhD
1983, Economics, Stanford University
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| Academic
Positions Held |
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Northwestern
University, Kellogg School of Management
Walter McNerney Distinguished Professor of Health Industry
Management
Professor of Management and Strategy
Director, Health at Kellogg
Director, Center for Health Industry Market Economics |
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| Selected
Honors |
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1993
John D. Thompson Prize in Health Services Research. The
Thompson Prize, awarded by the Association of University
Programs in Health Administration, recognizes outstanding
contributions to health services research by an individual
under the age of 40. 1993
Marriott Corporation Health Care Services Faculty Publication
of the Year: "Is Hospital Competition Wasteful?"
This prize is awarded by the Marriott Corporation and
the American Academy of Medical Administrators.
1998
National Institute for Health Care Management Research
Paper of the Year: "Medicaid Dependent Hospitals
and Their Patients: How Have They Fared?
1998
Association for Health Services Research Paper of the
Year: "Medicaid Dependent Hospitals and Their Patients:
How Have They Fared?"
2002,
2005 Kellogg School of Management: Sidney Levy Teaching
Award
2002
National Institute for Health Care Management Research
Paper of the Year: “Is More Information Better:
The Effects of “Report Cards” on Health
Care Providers”
2005
Kellogg School of Management: Stanley Reiter Best Paper
Award |
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| Editorial
Boards |
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Journal
of Health Economics
RAND Journal of Economics
Health Services Research
Journal of Medical Practice Management
(Previously) Management Science |
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| Selected
Publications |
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"The
Effect of Injecting Price Competition into the Hospital
Market: The Case of Preferred Provider Organizations,"
(with Mark Satterthwaite and Jody Sindelar) Inquiry
Vol. 23, (Winter, 1986)
"Rate Setting by Diagnosis Related Groups and Hospital
Specialization," Rand Journal of Economics
Vol. 18, (Autumn, 1987)
"Agency and the Organization of Health Care Delivery,"
(with William D. White) Inquiry Vol. 24, (Winter,
1987)
"Demand Inducement and the Physician/Patient Relationship,"
Economic Inquiry Vol. 26, (April, 1988)
"Pricing
by Non-Profit Institutions: The Case of Hospital Cost
Shifting" Journal of Health Economics
Vol. 7, (Spring, 1988)
"Medicaid
Drug Formulary Restrictions," Journal of
Law and Economics Vol. 32, (April 1989)
"Is
Hospital Competition Wasteful?" (with Mark Shanley
and Carol Simon) RAND Journal of Economics Vol.
23, (Summer 1992)
"Monopolistic
Competition When Price and Quality are not Perfectly Observable"
(with Mark Satterthwaite) RAND Journal of Economics
Vol. 23, (Winter 1992)
"Price
and Concentration in Hospital Markets: The Switch from
Patient-driven to Payor-driven Competition" (with
Mark Shanley and William D. White) Journal of Law
and Economics Vol. 36, (April 1993)
"Physician-Induced Demand for Childbirths" (with
Paul Wehner) Journal of Health Economics (March
1994)
"Do
Important Drugs Reach the Market Sooner?" (with
David Meltzer) RAND Journal of Economics (Autumn
1994)
"The
Vertical Chain of Research and Development in the Pharmaceutical
Industry" (with Michael Ward) Economic Inquiry
(January 1995)
"Cost
Reductions versus Reputation Enhancements as Motives for
Mergers: The Logic of Multihospital Systems" (with
Mark Shanley) Strategic Management Journal (January-February
1995)
"Economies
of Scale in Non-revenue Producing Cost Centers: Implications
for Hospital Mergers" Journal of Health Economics
(January 1998)
"Medicaid-Dependent
Hospitals and Their Patients: How Have They Fared?”
(with Will White) Health Services Research (April
1998)
"Do
Strategic Groups Exist: An Economic Framework for Analysis"
(with Mark Shanley and Margaret Peteraf) Strategic
Management Journal (Fall 1998)
"Competition Among Insurers Offering Health Insurance"
(with Kathryn Spier and Loren Baker) Journal of Health
Economics (January 2000)
"Exploiting
Cost Advantages and Coping with Cost Disadvantages"
(with David Besanko and Mark Shanley) Management Science
(February 2001)
“Antitrust
Policy and Hospital Mergers: Recommendations for a New
Approach” (with Cory Capps, Shane Greenstein,
and Mark Satterthwaite) Antitrust Bulletin (Winter
2002)
“Is
More Information Better? The Effects of Report Cards on
Cardiovascular Providers and Consumers” (with
M. Satterthwaite, D. Kessler, and M. McClellan) Journal
of Political Economy (June 2003)
“Hospital
Consolidation and Costs: Another Look at the Evidence”
(with R. Lindrooth) Journal of Health Economics (November
2003)
“The
DVD vs. DIVX Standard War: Empirical Evidence of Network
Effects and Preannouncement Effects” (with Neil
Gandal) Journal of Economics and Management Strategy,
(Fall 2003)
“Competition
and Market Power in Option Demand Markets” (with
Cory Capps and Mark Satterthwaite) RAND Journal of
Economics, (December 2003)
“Differentiation
and Competition in HMO Markets” (with Anne Gron
and Michael Mazzeo) Journal of Industrial Economics,
(December 2003)
“Hospital
Consolidation and Negotiated PPO Prices” (with
Cory Capps) Health Affairs (March 2004)
“Has
the Malpractice Crisis in Florida Affected Access to Care?"
(with Anne Gron) Health Affairs (March 2005)
“The
Effect of Physician-Hospital Affiliations on Hospital
Prices in California” (with Federico Ciliberto,)
Journal of Health Economics (January 2006)
“Medical
Bankruptcy: Myth versus Fact” (with M. Millenson)
Health Affairs (Feb 2006)
“Is
the Impact of Managed Care on Hospital Prices Decreasing?”
(with Richard Lindrooth, William White, and Jack Zwaniger)
Journal of Health Economics (March 2008)
“Hospital Vertical Integration and Patient Referrals”,
(with Cory Capps and Sayaka Nakamura; Journal of Economics
and Management Strategy, forthcoming) |
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| Current
Working Papers |
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“Do
Report Cards Tell Consumers Anything They Don’t
Already Know? The Case of Medicare HMOs” (with Leemore
Dafny) NBER Working Paper 11420
“Hospital Closures and Economic Efficiency”
(with Cory Capps and Richard Lindrooth)
“Start Spreading the News: A Structural Estimate
of the Effects of New York Hospital Report Cards”
“Regulatory Exploitation and the Market for Corporate
Control” (with Leemore Dafny) NBER Working Paper
12438
“Profiting from Gaizhi: Management Buyouts during
China’s Privatization” (with Feng Susan Lu)
“Influence and Deterrence: How Obstetricians Respond
to Litigation against Themselves and their Colleagues”
(with Yasutora Watanabe)
“Does the Market Punish Aggressive Experts? Evidence
from Caesarean Sections” (with Subramaniam Ramanarayanan)
“How Rational are Bargainers? Using the Stole/Zweibel
Bargaining Model to Examine Hospital Selective Contracting”
(with Mark Satterthwaite and Andrew Sfekas) |
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| Books |
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The
Economics of Strategy (joint with David Besanko,
Mark Shanley, and Scott Schaefer) Wiley (1995, 1999, 2003,
2006)
How Hospitals Survived (with Will White) American
Enterprise Institute (1999)
The Economic Evolution of American Healthcare: From
Marcus Welby to Managed Care, Princeton
University Press (2001)
What’s Your Life Worth?, Financial Times/Prentice
Hall (2003)
Kellogg on Strategy (with Sonia Marciano) Wiley
Press (2005)
Code Red Princeton University Press (2008) |
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last
modified 2/7/2008 |
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