from a societal perspective: ex ante moral hazard from health insurance, externalities from vaccinations, lack of consumer … periodic health examinations to private health lifestyle decisions such as regular exercise and non-smoking. The aim of this … prevention means, the chapter reviews some basic theoretical insights about prevention from human capital models and insurance …

In this chapter we review issues relating to antitrust and competition in health care markets. The chapter begins with … a brief review of antitrust legislation. We then discuss whether and how health care is different from other industries … has been applied to health care: hospital mergers, monopsony, and foreclosure. In each of these sections we review the …

efficiency and equity in many health care systems. This is particularly relevant where general practitioners (GPs) act as … primary care in many health care systems. …

Health care markets fail to satisfy many requirements for perfect competition, including large numbers of consumers and … firms, zero search costs, and marketability of all goods and services. Over time, health care markets have evolved to … three regimes of health care organization that were dominant at different points in time: (1) independent physicians and …

-- Part 3 : Asymmetric Information: Theory -- Optimal Insurance Contracts under Moral Hazard -- Adverse Selection in Insurance … in the Life and Health Insurance Industries: Theories and Applications -- Insurance Market Regulation: Catastrophe Risk …: Health and Long-Term Care Insurance, Longevity Risk, Life Insurance, and Social Insurance -- Health Insurance in the United …