Imagine you are in a room with 15 strangers, possibly having coffee or catching up on phone calls before your next session at ANESTHESIOLOGY® 2021. Each of you has a blue card made of the highest-quality stock paper. I walk into the room and announce that I have 16 orange cards made of the same paper stock. I indicate that I am acting as a broker for an eccentric surgeon who is willing to pay $100 for each pair of cards – one orange and one blue – that I can round up for her. I approach each of you separately to negotiate a price to buy your blue card so I can subsequently sell the pair to the surgeon. What price do you think we negotiate? Based on numerous experiments with a variety of sample sizes and...
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The Curious Economist| June 2021
Market Concentration in Health Care
ASA Monitor June 2021, Vol. 85, 16–17.
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Thomas R. Miller; Market Concentration in Health Care. ASA Monitor 2021; 85:16–17 doi: https://doi.org/10.1097/01.ASM.0000754208.23406.5a
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