.@eigenrobot What would game theory say about managing/minimizing healthcare cost while "winning" by maximizing healthy population?
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Replying to @acmerocket
in context of borders right? complicated, lots of gaming by both sides possible, one likely outcome tighter restriction of social benefits
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Replying to @eigenrobot
Thought came from an idea about crowd-funded non-profit "insurance fund", with pay-what-you-can tier and transparency for fraud detection.
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Replying to @acmerocket
ooooooooh okay this is a . . . dark, unhappy problem. the main issue is going to be adverse selection, probably. are you familiar?
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Replying to @eigenrobot
CDs/IRAs/mortgages/bonds that fluctuate with with "public good" as some measurable index. Transparent, voluntary tax backed by social shame.
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Replying to @acmerocket
I'm not up on the literature, honestly--only enough to know that it's a nigh-intractable problem. IIRC the basic result . . .
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Replying to @eigenrobot @acmerocket
from the seminal Rothschild-Stiglitz paper is stable insurance markets are nigh-impossible with adverse selection for some parameters. And..
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Replying to @eigenrobot @acmerocket
you can get around this by increasing market information (but then there's no insurance anyway) or w/ compulsory insurance (eg single payer)
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This is a thumbnail from basic contracts coursework six years ago, I am probably ignorant of or forgetting many important things :/
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Replying to @eigenrobot
Realizing how much "we'll just make more" is implied in the concept of "human resource".
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