Journal
ECONOMICS LETTERS
Volume 117, Issue 3, Pages 596-599Publisher
ELSEVIER SCIENCE SA
DOI: 10.1016/j.econlet.2012.07.024
Keywords
Doctor fee; Competition; Fee gap
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When doctors are unconstrained in setting fees, they charge higher fees to high income patients. For a standard GP consultation, the average fee gap is 25% of a minimum price. Competition closes this gap, but not local area income. (C) 2012 Elsevier B.V. All rights reserved.
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