a r t i c l e i n f o JEL classification: I13 D82 H51 Keywords: Universal basic health insurance Voluntary supplementary insurance Public vs. private insurance Adverse selection Moral hazard Cost effectiveness This paper introduces a tractable model of health insurance with both moral hazard and adverse selection. We show that government sponsored universal basic insurance should cover treatmen...

This paper puts forward the view that the life-cycle model of system development has been allowed to make the transition from a useful intellectual tool for discussing specific aspects of the process to a definitive statement of what the process actually “is”. We argue that this hinders the discussion of Requirements Engineering in fundamental ways, and that challenges to the supremacy of this ...

of their peaceful island, which both threatened their ageing industrial supremacy and recalled to them the restive barbarians at the peripheries of their far-flung empire. Pick shows convincingly how British doctors and writers alike used a language which enabled them to deny simultaneously the existence of degeneration in their land (and therefore its cure by political means) yet identify and ...

The inclusion of pharmacists in the healthcare system of a developing country like Pakistan has always been a subject of debate among the healthcare professionals (HCPs), especially physicians, who have long ruled the healthcare system alone and who have had a long-held position of supremacy. The common argument against the inclusion of pharmacists is the dynamics of the healthcare system, and ...

We analyze the effect of counterparty risk on financial insurance contracts using the case of credit risk transfer in banking. In addition to the familiar moral hazard problem caused by the insured’s ability to influence the probability of a claim, this paper uncovers a new moral hazard problem on the part of the insurer. If the insurer believes it is unlikely that a claim will be made, it is a...

the main purpose of this research is assessing the reason for the gap between moral knowledge and action of students despite current programs of moral education in schools, and suggesting components of good moral education to reduce this gap from allameh tabatabai’s viewpoints. to achieve this goal, descriptive-analytic method is used. the findings showed that the main operating in violation of...