Government Regulation and Intervention Part 1 Vivian Ho Health Economics This material draws heavily from Santerre & Neun: Health Economics, Theories Insights.
Chapter Externalities 10. Externalities Externality – The uncompensated impact of one person’s actions on the well-being of a bystander – Market failure.
© 2006 McGraw-Hill Ryerson Limited. All rights reserved.1 Chapter 6: Using Demand and Supply: Taxation and Government Intervention Prepared by: Kevin Richter,