[eng] When most health economists use the term « moral hazard », they usually refer to the fact that insured individuals tend to have higher health expenses than those who have no or less coverage. In 1968, Pauly demonstrated that this moral hazard generates a welfare loss. Detailing the...

[eng] Competition among Insurers and Service Providers and Natural Monopolies . An International Review of Health Measures. . The study of different countries, health systems talks a great deal about health insurance competition (Singapore, Chile and even the United States). Such competition...