This study explores the reason rural Medicaid beneficiaries bypass their local rural hospitals even though their local rural hospitals provide the healthcare services that patients are seeking. Conditional logit regression was used to identify the factors that influence rural patients to bypass...

Unexpected problems sometimes arise when governments attempt to introduce competition. The problem considered herein is market power and its exercise during the California electricity crisis of 2000–2001. In introducing competition, both transitional and long-run opportunities for firms...