The private demand for nursing home care.

@article{Nyman1989ThePD,
  title={The private demand for nursing home care.},
  author={John A. Nyman},
  journal={Journal of health economics},
  year={1989},
  volume={8 2},
  pages={209-31}
}
The fact that many nursing home patients are mentally and physically disabled has led some observers to conclude that they represent irrational consumers who are incapable of disciplining the nursing home care markets. This assumption has, in turn, led policy makers to favor regulatory solutions to nursing home problems. This paper tests the accuracy of this assumption by estimating a demand equation for private nursing home patients. Evidence if found that the private patients' response to… CONTINUE READING

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