Decision making in quasi-markets: a pedagogic analysis

Article Abstract:

Reforms to the UK National Health Service were introduced in Apr. 1991 to cut too much vertical integration by implementing a quasi-market where incentive structures and greater availability of information would allow decision makers to more effectively use resources. However, a general framework with which to examine the welfare gains or losses resulting from the quasi-market is yet to be implemented. To correct the situation, an analytical framework of a quasi-market within which distortions such as cream skimming and local monopoly can be investigated.

Management, United Kingdom. National Health Service, Health care reform, Monopolies, Welfare, Public assistance

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The labour market costs of community care

Article Abstract:

Research was conducted to examine the impact of informal care responsibilities on the labor supply of women. The aim was to investigate the argument that the UK policy of caring for the chronic patient in the community involves a nontrivial opportunity cost in the form of the forgone labor supply of the informal caregivers upon which it depends. Results indicate that informal caregivers may have a tendency to work for fewer hours than otherwise similar noncarers.

Women, Labor supply, Labor force, Women philanthropists, Women in charitable work

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The oppurtunity costs of informal care: does gender matter?

Article Abstract:

The number of women as informal carers has not only increased in the present day but has, also, made women contribute to the family finances because of the increasing need of informal care for aging population. A finding on the likelihood of a higher earnings in informal care than other non-carer employment has indicated an increase in women in this field and a subsequent attempt to give equal incentives to women as well as men in this employment.

United States, Labor force information, Analysis, Demographic aspects, Opportunity cost, Opportunity costs

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