Describe the economic theory of regulation. Contrast its predictions to the public interest theory of regulation with respect to CON legislation.

Graded discussions are to be one to two pages combined for the four questions.

Please post your response to the four questions listed below.

1). Why are concentrated interests and diffused costs important in predicting legislative outcomes?

2). what are the economic rationales for different types of government intervention in healthcare?

3). Describe the economic theory of regulation. Contrast its predictions to the public interest theory of regulation with respect to CON legislation. What evidence leads you to select one theory over another?

4). Describe the characteristics of the uninsured?

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