Research Article

Asymmetric Information and Privatization of Health Care

Volume: 9 Number: 1 February 29, 2024
EN TR

Asymmetric Information and Privatization of Health Care

Abstract

In the 21st Century, knowledge is seen as a commercial meta. Via knowledge we obtain reputation and the power in everyday life, and, knowledge is a source of profit in the commercial life. Accessing information has become easier through, the mass media becoming widespread. However, in some complex products or services, superficial information may not be enough to differentiate effectively among the choices and make a good decision. Buyers and sellers should have the necessary knowledge about the goods on the market, the costs, the profit and the quality factors in order for the market to function effectively. Buyers and sellers should also have the same level of information so that health care could become a marketable service in a perfectly competitive market. This situation, which is known in health economics, will be examined through knowledge and asymmetric information issues within the scope of the study.

Keywords

Asymmetric Information, Commercialization, Health

Supporting Institution

Çalışmayı destekleyen herhangi bir kurum olmamıştır

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APA
Demirel Değirmenci, S. (2024). Asymmetric Information and Privatization of Health Care. Bulletin of Economic Theory and Analysis, 9(1), 171-184. https://doi.org/10.25229/beta.1399218
AMA
1.Demirel Değirmenci S. Asymmetric Information and Privatization of Health Care. Beta. 2024;9(1):171-184. doi:10.25229/beta.1399218
Chicago
Demirel Değirmenci, Songül. 2024. “Asymmetric Information and Privatization of Health Care”. Bulletin of Economic Theory and Analysis 9 (1): 171-84. https://doi.org/10.25229/beta.1399218.
EndNote
Demirel Değirmenci S (February 1, 2024) Asymmetric Information and Privatization of Health Care. Bulletin of Economic Theory and Analysis 9 1 171–184.
IEEE
[1]S. Demirel Değirmenci, “Asymmetric Information and Privatization of Health Care”, Beta, vol. 9, no. 1, pp. 171–184, Feb. 2024, doi: 10.25229/beta.1399218.
ISNAD
Demirel Değirmenci, Songül. “Asymmetric Information and Privatization of Health Care”. Bulletin of Economic Theory and Analysis 9/1 (February 1, 2024): 171-184. https://doi.org/10.25229/beta.1399218.
JAMA
1.Demirel Değirmenci S. Asymmetric Information and Privatization of Health Care. Beta. 2024;9:171–184.
MLA
Demirel Değirmenci, Songül. “Asymmetric Information and Privatization of Health Care”. Bulletin of Economic Theory and Analysis, vol. 9, no. 1, Feb. 2024, pp. 171-84, doi:10.25229/beta.1399218.
Vancouver
1.Songül Demirel Değirmenci. Asymmetric Information and Privatization of Health Care. Beta. 2024 Feb. 1;9(1):171-84. doi:10.25229/beta.1399218