Health care systems are under reform in many countries. This typically involves a shift towards more competition. But still, markets are highly regulated. This study analyzes competition and regulatory measures in four important fields using the modern tools of microeconomic theory and...

The health care sector has become a major component of the contemporary economies of Japan and the United States. It absorbs significant portions of the GDP in both countries, and places increasing stress on private, government, and corporate budgets. With so much at stake, arrangements for...