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Part of the book series: Developments in Health Economics and Public Policy ((HEPP,volume 7))

Abstract

Peculiarities of the health care sector, such as externalities and asymmetric information, result in conditions that do not meet the requirements of the first theorem of welfare economics for a Pareto-optimal allocation, viz. perfect competition, profitmaximizing firms and utility-maximizing individuals as market participants.

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Bezzola, M., Martinsson, P. (1998). Overview of the Two Systems. In: Zweifel, P., Lyttkens, C.H., Söderström, L. (eds) Regulation of Health: Case Studies of Sweden and Switzerland. Developments in Health Economics and Public Policy, vol 7. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-4052-6_2

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  • DOI: https://doi.org/10.1007/978-1-4615-4052-6_2

  • Publisher Name: Springer, Boston, MA

  • Print ISBN: 978-1-4613-6814-4

  • Online ISBN: 978-1-4615-4052-6

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