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Eventually, the induced demand may cause road capacity to be reached (again).
The patient's role in supplier induced demand has not gone ignored by public or private stakeholders.
Induced demand is demand created by the introduction of a new facility.
This concept is referred to as supplier induced demand.
The theory of induced demand said new roads created new journeys.
Latent demand and induced demand: where does all the traffic go?
This idea is known as induced demand.
However, this could well result in increased traffic flow, otherwise known as induced demand, causing congestion to appear somewhere else.
Notionally, this kind of coordination avoids induced demand too.
For employers and others worried about potential cost increases in mental-health therapy, induced demand raises a red flag.
Health economists have documented a problem with supplier induced demand, whereby providers base treatment recommendations on economic, rather than medical criteria.
It's called induced demand.
Controversy surrounds the extent and existence of supplier induced demand (SID).
Induced demand, or latent demand, is the phenomenon that after supply increases, more of a good is consumed.
Ironically, the virtually endless expansion and reconstruction projects due to rapid growth and induced demand are part of the congestion problem.
The PSA test "is a wonderful case study of how induced demand in our health-care system can create a runaway engine," he said.
These units had then developed a form of supplier induced demand, where their existence had driven up hospital costs in excess of any marginal benefit.
Due to the number of contributing factors for the consumption of healthcare resources, it is difficult to isolate instances of supplier induced demand.
Conversely, retrospective cost sharing allows for possible supply induced demand, minimizing the hospital's incentive to decrease resource utilization and costs in more complicated cases.
The effect of increases in supply (capacity) are of particular interest in transport economics (see induced demand), as the potential environmental consequences are significant.
ATEC (2000, p. 174 and following) provides freight flow estimates for landbridged containers and induced demand.
There are numerous efforts underway to understand how to involve the consumer in shared decision making and taking responsibility for health that may contribute to supplier induced demand.
In economics, supplier induced demand (SID) may occur when asymmetry of information exists between supplier and consumer.
Capacity expansion is also a potential mechanism to deal with traffic congestion, but is often undesirable (particularly in urban areas) and sometimes has questionable benefits (see induced demand).
It is generally referred to as induced demand in the transport literature, and was posited as the "Iron Law of Congestion" by Anthony Downs.