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allocation analysis areas assumed assumption average cost beds benefits capital case-mix cent coefficients consumer consumption contribution cost curve death by road death rates decisions demand dialysis disability disease earnings Econ econometric economic shortage economists effect efficiency elasticity equality equation equilibrium estimates expected expenditures factors Feldstein Figure function gain health economics health levels health programs health services implies income increase indicate individual industry injury institutions investment labor product loss of output marginal cost measure method monopsony moral hazard mortality National Health National Health Service non-profit oligopsony optimal Pareto criterion patient persons physician population price discrimination problem proportion Public Health reduced registered nurses relative result risk road accident salaries sector shortage social Statistics subsidy supply Table theory tion United utility vacancies variables vasectomy wage welfare economics workers World Health Organization