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provided more efficiently through other forms of social or private insurance. In theory, a negligence rule creates incentives … physicians is sued per year. These discrepancies between the theory and actual operation of the negligence system arise primarily …
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This paper is concerned with the economics of mental health. We argue that mental health economics is like health economics only more so: uncertainty and variation in treatments are greater; the assumption of patient self-interested behavior is more dubious; response to financial incentives such...
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This chapter summarizes the many aspects of public policy for health care. I first consider government policy affecting individual behaviors. Government intervention to change individual actions such as smoking and drinking is frequently justified on externality grounds. External costs of...
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of intermediation in bond markets in response to post-crisis bank regulations …
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