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-ENG Welfare and Market Regulation

Pagina del corso: 37037 - -ENG Welfare and Market Regulation
Docente/i: Alberto Holly Giuliano Masiero

Note sul corso
Course outline
Welfare and Market Regulation gives students the economic intuition to analyse strategic decisions, antitrust regulation and to evaluate policy recommendations in markets characterized by the significant intervention of public authorities. Competitive markets may be inefficient for several reasons. Consequently, some form of external regulation may improve their performance. How markets can go wrong and how to regulate them when they do are the subject of this course. Part of the course is dedicated to health care markets, which are highly regulated and represent a large part of welfare within modern economies.

Reading material
SHE: R. Sherman, Market Regulation, Pearson Addison Wesley, 2008. (Chapters 1-13, 16-18)
FGS: S. Folland, A. Goodman and M. Stano, The Economics of Health and Health Care, 6th ed., Prentice-Hall, Inc. Upper Saddle River, New Jersey, 2010. (Chapters 8, 10, 14-15, 17-21, 24)
Filippini M., Gonzįlez Ortiz L. G., Masiero G., forthcoming. "Assessing the impact of national antibiotic campaigns in Europe". European Journal of Health Economics, DOI: 10.1007/s10198-012-0404-9

Didactics
Lectures are based on the main textbook (SHE) and other material that will be provided during the course. Students are expected to go through the relevant readings indicated for each class. Supporting slides including the structure and the basic concepts of each lecture are available on this course website. Weeks 6 and 8 include a module of 15 hours on health care financing issues taught by prof. A. Holly.

Evaluation
The evaluation of the course is composed of the grade for the written exam at the end of the semester, a grade for an assignment and homework and classwork exercises. The assignment accounts for 15% of the final grade whereas each set of exercises and classwork provides 0.5 points. The final exam is made of three parts: true and false questions, exercises and open questions.

Final exam evaluation discussion
Thursday 07 March at 14:00, room 4.03 (building C).

Evaluations will be available in the session "Risultati esami" and published by 7 March. Students will have one week (until Wednesday 13 March) to appeal against the examination grade.



Bacheche del corso
Cartella principaleRisultati esami

Programmi del corso
  Anno accademico 2012-2013
  Codice 37037-ENG
  Programma [agg. 03/10/2012]
  Anno accademico 2011-2012
  Programma [agg. 21/10/2011]

Informazioni e materiali didattici del corso

Cartella principalePubblicazione
Program and course outlines10/09/2012
Introduction to market regulation15/09/2012
Classwork 116/09/2012
Competition as market regulator and the welfare goal17/09/2012
Classwork 218/09/2012
Homework exercises 120/09/2012
Problems for competition as regulator25/09/2012
Homework exercises 227/09/2012
Mergers, vertical integration and restrains, double marginalization01/10/2012
Classwork 303/10/2012
Homework exercises 304/10/2012
Oligopoly, entry conditions and concentration07/10/2012
Market strategy, price and nonprice competition, advertising09/10/2012
Classwork 410/10/2012
Homework exercises 411/10/2012
Market innovation: Intellectual property and technological change, patents and incentives17/10/2012
Classwork 518/10/2012
Homework exercises 518/10/2012
Origin, development and application of antitrust law20/10/2012
Introducion to health care markets and firms25/10/2012
Overview and revenue collection26/10/2012
Health system financing: equity and redistribution28/10/2012
Prepayment, pooling and risk adjustment29/10/2012
Payment of medical doctors02/11/2012
Payment regulation of hospitas04/11/2012
Pharmaceutical industry06/11/2012
Classwork 608/11/2012
Classwork 709/11/2012
Industry regulation10/11/2012
Homework exercises 6 & 712/11/2012
Classwork 829/11/2012
Homework exercises 829/11/2012
Pricing principles06/12/2012
Classwork 908/12/2012
Essay titles and bibliography10/12/2012
Homework exercises 913/12/2012
Classwork 1015/12/2012
Homework exercises 1017/12/2012
Price-cap and rate-of-return regulation19/12/2012
Risultati esamiPubblicazione
Classworks, homeworks and essays 201220/12/2012
Exam paper 25 January 2013
Version A
25/01/2013
Exam paper 25 January 2013
Version B
25/01/2013
Final exam evaluation (January 2013)13/02/2013
Exam paper 22 February 2013
Version A
21/02/2013
Exam paper 22 February 2013
Version B
22/02/2013
Final exam evaluation (February 2013)06/03/2013


Testi consultabili in Biblioteca