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Question: Goal alignment between hospitals and the British government.

I need a clear and detailed briefing of this question by analyzing the problem by asking the below three questions and Answer to these questions will suggest solutions centered on.

Question:

"In 2008, the labor party in Britain promised that patients would have to wait for no more than four hours to be seen in an emergency room. How is the national Health Service meeting this performance goal"?

You can analyze the problem by using these three questions:

1. Who is making the bad decision?

2. Does the decision maker have enough information to make a good decision?

3. The incentive to do so?

Answer to these questions will suggest solutions centered on:

1. Letting someone else make the decision, someone with better information or incentives

2. Giving the decision maker more information

3. Changing the decision maker's incentives.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M93118074

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