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00 An Analytical Framework of I [PFP#1092129299]
... lose some welfare, in the amount of bcd (aceabde), which is often referred to the dead-weight loss. dynamic efficiency note that allocative efficiency is a rather static concept since no dynamic elements ... or current profits may be required to induce firms to invest in innovative activity. the dead-weight loss in each period, however, may be smaller than the gains in total surplus resulting from ...
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health insurance competition pdf
... this assumes that the demand for treatments is relatively inelastic so that there are no dead-weight loss considerations. 11 for group insurances (pauly and percy, 2000) does not hold for the netherlands ...
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