competition does not provide the optimal durability level. When considering different stealing technologies, perfect competition …

This paper evaluates the welfare implications of privatization in emerging market economies, in countries where … policies are determined by the median voter. We show that privatization may lead to large efficiency gains by changing the menu … of taxes. We illustrate this point with two examples. First, we consider privatization of import competing public …

We study the consequences of hospital competition for Medicare beneficiaries' heart attack care from 1985 to 1994. We … hospital markets, and how hospital competition interacts with the influence of managed care organizations to affect the key … competition were ambiguous; but in the 1990s, competition unambiguously improves social welfare. Increasing HMO enrollment over …

In this paper we review issues relating to antitrust and competition in health care markets. The paper begins with a … ways that might affect the optimality of competition. The paper then focuses on the main areas in which antitrust has been …

in a hierarchy. The problem of designing an efficient policy to raise the status in this competition of a disadvantaged …

assess the welfare implications of the ensuing competition for the market using analytical and numerical approaches to … compare the equilibria of a learning-by-doing model to the first-best planner solution. We show that dynamic competition leads …