Nicholson, Sean; Propper, Carol - In: Handbook of health economics : volume 2, (pp. 873-925). 2011
professions to assure that the inputs into the health production function are of sufficiently high quality. But such regulation … failures. We enumerate the various market failures that justify government regulation and discuss the implications of … regulation on medical labor and consumers. We then examine several possible explanations for the persistent variation in medical …