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This paper systematizes some aspects related to the consequences of the institutional health system in the financing and delivery of health care services. The analysis is based on empirical evidences from United States, Canada and United Kingdom. The focus of this work is on the analysis of the...
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the effects on a life insurance market if more information becomes available over time, for individuals and possibly also … for insurers? Should people buy insurance before or after becoming informed? How do earlier trades influence the market … equilibrium in later periods? We also analyze the scope for a Pareto improving regulation of the insurance market. …
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