Risk sharing is becoming an increasingly popular instrument to regulate the price of new drugs. In the recent past, forms of risk-sharing agreements between the public regulator and the industry have been proposed and implemented, but their effects on price and profits are still controversial....

The Accident and Emergency Departments (A&EDs) are responsible for a large share of overall hospitalization, diagnostic activity, and ultimately health care expenditure. Most health care systems use retrospective reimbursement systems to finance A&E departments, but this system may not be...

In this article we show that when the provision of paternalistic goods is entwined with income distribution, the political decision process may prevent welfare maximisation. We model the decision process from a political economy perspective by assuming that the quantity of a paternalistic good...