Why do economists tend to reject the concept of need
Why do economists tend to reject the concept of need as the sole determinant of use in favor of the concept of the demand for medical care? How has the lack of information affected the structure of the medical care market?
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Why do economists tend to reject the concept of need as the sole determinant of use in favor of the concept of the demand for medical care?
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Now suppose that there are three candidates but one of them is non-strategic and takes a fi xed position located at 50. For the two strategic candidates, do the position choices in (i) still constitute a Nash equilibrium?
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