Take Action

Home | Faculty & Research Overview | Research

Research Details

Evolving Measures of Provider Market Power, American Journal of Health Economics

Abstract

Many researchers assess the impact of provider market structure and market power on outcomes such as price. These studies use a variety of measures of structure and power, ranging from ad hoc measures often based on census boundaries to structural measures derived from economic models of provider-payer bargaining. We explain the shortcomings of ad hoc measures, and, through a series of “horse races” show that one leading structural measure, the “Willingness to Pay,” is a consistently better predictor of prices.

Type

Article

Author(s)

David Dranove, Christopher Ody

Date Published

2015

Citations

Dranove, David, and Christopher Ody. 2015. Evolving Measures of Provider Market Power. American Journal of Health Economics. 2(2): 145-160.

KELLOGG INSIGHT

Explore leading research and ideas

Find articles, podcast episodes, and videos that spark ideas in lifelong learners, and inspire those looking to advance in their careers.
learn more

COURSE CATALOG

Review Courses & Schedules

Access information about specific courses and their schedules by viewing the interactive course scheduler tool.
LEARN MORE

DEGREE PROGRAMS

Discover the path to your goals

Whether you choose our Full-Time, Part-Time or Executive MBA program, you’ll enjoy the same unparalleled education, exceptional faculty and distinctive culture.
learn more

Take Action