ResumenEste trabajo estudia la concentración de mercado del sector farmacéutico colombiano para diferentes grupos farmacológicos, teniendo en cuenta el índice de Hefindahl en los años 2002 y 2003. Metodológicamente, se parte de los indicadores de mortalidad para el año 2002, de donde se...

This paper analyses how the equilibrium is affected when adding investment decisions and capacity constraints to the traditional Cournot duopoly model. Authors investigate a multiperiod setting with two firms taking investment decisions in every period. We prove that under these circumstances...

We estimate a bargaining model of competition between hospitals and managed care organizations (MCOs) and use the estimates to evaluate the effects of hospital mergers. We find that MCO bargaining restrains hospital prices significantly. The model demonstrates the potential impact of coinsurance...

We estimate a bargaining model of competition between hospitals and managed care organizations (MCOs) and use the estimates to evaluate the effects of hospital mergers. We find that MCO bargaining restrains hospital prices significantly. The model demonstrates the potential impact of coinsurance...

There has been major debate in recent years about the speed and scale of technological innovation, and whether digital technologies create new issues relating to trust and ethics. This presentation will consider key issues around trust and ethics in the digital age, and the appropriate policy...

We assess the performance of three hospital merger simulation methods by means of a Monte Carlo experiment. We first specify a rich theoretical model of hospital markets and use it to generate “true” price effects of a large number of hospital mergers. We then use the theoretical model to...

Digital technologies are being adopted at a faster pace than previous waves of innovation, and their use is re-shaping administration and business, consumer behaviour and social interactions. They are subject to widely varying regimes, from lightly regulated but heavily standardised global...

This paper examines challenges to evidence-based decision-making in the design and implementation of rural broadband investment programs. Our focus is on Canada, but similar challenges are evident in the international literature. Based on proprietary telecommunication provider datasets, the...

Over the past few decades, social enterprises have grown remarkably. This paper investigates how social enterprises affect access to social services (e.g., education and health‐care) and utilitarian welfare. To this end, two economic systems are compared: a market economy system, where all...

While the US Congress has long viewed Huawei as a security threat, this only recently became part of US foreign policy, with efforts by the Trump Administration to press allies to exclude commercial operators from buying its 5G network equipment. US success has been mostly amongst its ‘Five...