Northwestern University

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Welfare Analysis Incorporating a Structural Entry-Exit Model: A Case Study of Medicare HMOs

Description:

Should the government subsidize entry to promote competition? In theory, free entry does not guarantee the socially optimum number of entrants. In differentiated product markets, free entry can result either in excessive or insufficient entry. Quantifying this inefficiency and identifying the optimal subsidy level require an empirical framework that combines...

Keyword:

Entry, Simulation Method, Medicare HMO, Welfare Analysis, and GHK Simulator

Subject:

Economics

Creator:

Shiko Maruyama

Owner:

Scholarly Digital Publishing

Date Uploaded:

05/25/2018

Date Modified:

05/25/2018

Date Created:

2007-04-17

Resource Type:

Dissertation