Economic Perspectives – Healthcare Marketplace & Competition
Include the two questions that you selected to discuss at the top of your initial posting.
What conditions must exist for a firm to be able to price discriminate? Provide an example.
How do economists use the Hirschman -Herfindahl Index? Provide an example.
Why are economic analyses of clinical and healthcare operations important? How can a healthcare leader apply this to their operations?
What factors allow a firm to have monopoly profits? What should a healthcare manager need to know?
What are the pros and cons of merger activity? Why would the government want to prevent mergers?
What are the characteristics of monopolistic competition? Provide an example.
Why is understanding market structure important in health economics, what does it impact?