The analysis contained in the YHEC report indicates that the report did not consider adequately the role of competition in the market for health insurance. This is a major weakness and appears in part to be due to a late deletion of competition from the report’s final research brief by the...

In postwar Europe aviation markets were controlled by bilateral agreements which confined the market to one airline per country. The airlines charged the same fares and divided the markets. Economists from Adam Smith to William Baumol recommend that governments should not ban new entrants or...

The analysis contained in the YHEC report indicates that the report did not consider adequately the role of competition in the market for health insurance. This is a major weakness and appears in part to be due to a late deletion of competition from the report’s final research brief by the...