Topics of readings | Author and year |
External, internal and allocative efficiency of education, equality of opportunity, efficiency and equity reasons for intervention, higher education | |
Progressive UK education system, even though the rich consume more | |
Production function study, found little effect of school resources on student performance | |
STAR experiment review | |
Valuation of additional year of education with NCDS data | |
Attainment production function | |
Returns to qualifications from LFS data | |
The importance of early education | |
Doubt over Sure Start effectiveness | |
Regressive public funding of higher education | |
Voucher system proposal | |
Effectiveness of competition is limited by poor info | |
State school competition improves outcomes and reduces achievement disparities | |
External and internal efficiency of healthcare, health measurement problems, efficiency and equity motivations for state intervention, NHS evaluation | |
NHS is progressively financed | |
Health expenditure on socio-economic groups | |
Market imperfection in healthcare, ex-ante and ex-post moral hazard, GPs and payment mehtods, complementary agents, hospital funding | |
'Double agent' doctors and the third-party payment problem | |
Healthcare choice and constraints on choice | |
Increased quality from competition in the US | |
Reduced costs from competition in the UK | |
| Topics of readings | Author and year |
Monopolistically competitive UK hospitals, findings that competition reduces quality of healthcare | |
Non-marketed good and services, valuing life and alternatives to putting a value on life | |
Private profit, social profit, NPV and net benefits, indirect project effects, social discount rate | |
Weighted average shadow pricing formula | |
Opportunity cost of public funds | |
Victoria Line indirect effects | |
Technical and pecuniary externalities, consumer surplus analysis, survey methods and QALY methods, QALY problems, SOC vs STP, Hicks-Kaldor test and potential Pareto improvement tes | |
National park shadow pricing | |
Ex-ante and ex-post life valuation problem | |
Using motorway speed limit to value life | |
Modelling the value of a life-year, and value of medical knowledge | |
Life value not dependent of quality of life | |
Positive analysis, postelection politics. Model assumptions: preelection politics,etc. Utilitarian normative benchmark. Probabilistic voting with swing voters. Local public goods. | |
Unidimensional policy and single-peaked preferences | |
Single-crossing property | |
Median voter equilibrium | |
Overspending when income distribution is skewed right | |
Regulation and power-maximising politicians, incentives for regulators, revolving doors | |
Positives of revolving doors | |
Commissioners with previous industry experience are more supportive of industry as regulators | |
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