Dynamic hospital competition under rationing by waiting times

We develop a dynamic model of hospital competition where (i) waiting times increase if demand exceeds supply; (ii) patients choose a hospital based in part on waiting times; and (iii) hospitals incur waiting time penalties. We show that, whereas policies based on penalties will lead to lower waiting...

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Bibliographic Details
Main Author: Sá, Luís (author)
Other Authors: Siciliani, Luigi (author), Straume, Odd Rune (author)
Format: article
Language:eng
Published: 2019
Subjects:
Online Access:http://hdl.handle.net/1822/65672
Country:Portugal
Oai:oai:repositorium.sdum.uminho.pt:1822/65672