Persone e Insegnamenti

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.

Main reading material:
DC: C. Decker, Modern Economic Regulation, Cambridge, 2015. (Chapters 1-7)(Not-attending students: chapters 1-11)
SHE: R. Sherman, Market Regulation, Pearson Addison Wesley, 2008. (Chapters 1-12, 19-21)

Supplementary material:
FGS: S. Folland, A. Goodman and M. Stano, The Economics of Health and Health Care, 7th ed., Prentice-Hall, Inc. Upper Saddle River, New Jersey, 2013. (Chapters 8, 10, 14-15, 17-21, 24)
VVH: W. Kip Viscusi, John M. Vernon, and Joseph E. Harrington, Economics of Regulation and Antitrust, 4th ed., Cambridge, MA: MIT Press, 2005.

Lectures are based on four textbooks (DC, SHE, FGS and VVH). Additional material will be provided during the course (with password). 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 the course website. Weeks 5 and 7 include a module of 15 hours on health care financing issues taught by prof. Alberto Holly.

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 exercises. The assignment and the homeworks account for 30% of the final grade. The final exam is made of three parts: true and false questions, exercises and open questions. Not-attending students will just prepare the final written exam with open questions from DC, chapters 1-11.

Students will have the opportunity to discuss their exam and grades on Wednesday, 23 January, between 14.30 and 16:30. (room 4.03, builing C).

Programmi del corso
  Anno accademico : 2017-2018
  Codice 37037-ENG
  Programma [agg. 18/07/2017]
  Anno accademico : 2016-2017
  Codice 37037-ENG
  Programma [agg. 14/07/2016]
  Anno accademico : 2015-2016
  Codice 37037-ENG
  Programma [agg. 13/07/2016]
  Anno accademico : 2014-2015
  Codice 37037-ENG
  Programma [agg. 04/06/2014]
  Anno accademico : 2013-2014
  Codice 37037-ENG
  Programma [agg. 20/06/2013]
  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

Testi consultabili in Biblioteca