tag:blogger.com,1999:blog-7169279.post4680980568196886211..comments2023-11-24T03:20:02.361-07:00Comments on Tufte's Economics Classes Blog - A Living Textbook: Fair Competition?Dr. Tuftehttp://www.blogger.com/profile/17397586052171706438noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7169279.post-31572593226129784672011-12-12T14:22:59.491-07:002011-12-12T14:22:59.491-07:00-1 on Joe for a spelling error.
I think the comm...-1 on Joe for a spelling error. <br /><br />I think the comment is a good one though: this is exactly why we study game theory in ManEc. Dealing with government is an infinite sequential game, and there aren't a lot of easy solutions for those.Dr. Tuftehttps://www.blogger.com/profile/17397586052171706438noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-38841815255339589552011-11-29T21:36:16.325-07:002011-11-29T21:36:16.325-07:00I have been thinking about the role of government ...I have been thinking about the role of government lately and this post seems to be a good place to highlight some of those thoughts. First of all, how would you like to be the CEO of a health insurance company right now? Consider their dilema: if they don't prepare for the healthcare legislation being approved by the Supreme Court they will lose huge market share by not being able to take Lukehttps://www.blogger.com/profile/01357086691336683502noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-20819226398890089972011-11-16T12:42:47.699-07:002011-11-16T12:42:47.699-07:00-1 on Mitchell for a poorly formatted link.
At le...-1 on Mitchell for a poorly formatted link.<br /><br />At least in part the negative externality Mitchell discusses is supposed to offset the negative externality of having uninsured people (whose costs are often borne by taxpayers anyway) avoiding short-run treatments that may be cost-effective in favor of long-run treatment that are not, but which are covered by the taxpayers. That's the Dr. Tuftehttps://www.blogger.com/profile/17397586052171706438noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-39475411432349132282011-11-15T21:51:24.199-07:002011-11-15T21:51:24.199-07:00Fair Competition
The new healthcare reform bill c...Fair Competition<br /><br />The new healthcare reform bill could definitely be considered a negative externality. In this situation, the government is acting as the outside source which is only considering the benefits and costs of a specific group of people. This becomes a negative externality to healthy individuals who really do not need health insurance. I for example am a very healthy Ethanhttps://www.blogger.com/profile/17937128864632675664noreply@blogger.com