Governments often subsidize poorer groups in society to ensure their access to new drugs. We analyze here the optimal income-based price subsidies in a strategic environment. We show that asymmetric health systems can arise even though countries are ex-ante symmetric when international price...

In health markets, government policies tend to subsidize poorer groups. The purpose of this paper is to analyze the implications of an income-based subsidy policy on the incentives of countries to implement price arbitrage and of firms to provide market access to poorer groups.

We study the impact a redistribution of income has on the decisions of a health care innovator and the utility of consumers. We find that income redistribution from rich to poor increases the quality of the medical innovation, reduces its price and increases the utility of some of the consumers...

Angesichts steigender Gesundheitsausgaben spielen Gesundheitssystemvergleiche in den letzten Jahren eine immer größere Rolle. Solche "Benchmarks" können sinnvolle Anregungen zur Verbesserung von Gesundheitssystemen darstellen. Viele Gesundheitssystemvergleiche unterstellen implizit ein...

This article aims to develop the theoretical overlapping generation models with the unstable healthcare system due to the problem of missing trading markets between young and old generations. The main healthcare system in Thailand is Universal Coverage (UC) which covers around 48 million Thai...

This chapter explores the multifaceted relationship between culture and health from an economic perspective, integrating insights from anthropology, psychology, and political science. It begins by examining how culture provides meaning to illness and suffering and explores how culturally...

One in seven Americans carry medical debt, with $88 billion reported on consumer credit reports. In April 2023, the three major credit bureaus stopped reporting medical debts below $500. We study the effects of this information deletion on consumer credit scores, credit limits and utilization,...

In-silico modelling is essential in reducing adverse effects of clinical studies. Also, it reduces monetary costs when developing new drugs and devices. Diabetes is one of the diseases, where the in-silico modelling has established. Such an in-silico simulator mimics real metabolism and provides...

A recurring debate in the academic and applied world is whether workplace committees and other forms of employee participation are substitutes or supplements to labor unions. This study addresses this question by examining the effect of workplace committees on the enforcement of public policies....

A recurring debate in the academic and applied world is whether workplace committees and other forms of employee participation are substitutes or supplements to labor unions. This study addresses this question by examining the effect of workplace committees on the enforcement of public policies....