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Often used synonymously with health economics, medical economics, according to Culyer, [31] is the branch of economics concerned with the application of economic theory to phenomena and problems associated typically with the second and third health market outlined above: physician and institutional service providers. Typically, however, it ...
Changes in the organization of a healthcare system happen at multiple levels at both the front-line and managerial level. Regulation refers to actions at the state level that modify or alter the behavior of various actors within the health care system. The actors may include health care providers, medical associations, individual consumers ...
Regulatory economics is the application of law by government or regulatory agencies for various economics-related purposes, including remedying market failure, protecting the environment and economic management.
An overview of the Regulation School; A scholarly blog on the Regulation School in Economic Thought; An interview in which Alain Lipietz gives a brief introduction to Regulation Theory; Article on Lipietz's approach to Regulation Theory; A page containing some notes on the Regulation School's approach to Fordism, as presented by Ash Amin
The Journal of Regulatory Economics is a bimonthly peer-reviewed academic journal covering regulatory economics. It was established in 1989 and is published by Springer Science+Business Media . The founding editor-in-chief was Michael A. Crew ( Rutgers Business School – Newark and New Brunswick ), and the current one is Menaham Spiegel ...
Description: Explores the "specific differentia of medical care as the object of normative economics", demonstrating that the consideration of uncertainty is key to understanding markets in health care. Importance: Generally considered a seminal work of enduring significance; key to the foundation of health economics as a field of study.
In a system of free-market healthcare, prices for healthcare products and services are set freely by agreement between patients and health care providers, which are subject to the laws and forces of supply and demand and free from any intervention by a government, price-setting monopoly, or other outside authority.
This theory is a component of the public choice field of economics but is also deeply opposed by public choice scholars belonging to the "Virginia School," such as Charles Rowley. [8] He also carried out extensive research in the history of economic thought .