In late spring 1999, the General Assembly passed Special Act 99-10, which included a mandate for the Office of Health Care Access (OHCA) to conduct a study of the health of the Connecticut hospital system and the factors that influence the financial condition of hospitals.This mandate was based on the premise that hospitals in Connecticut were facing increasing financial challenges during the l...

This Essay considers the substantive and institutional aspects of an economic theory of contract regulation. It lists the various functions that analysts have assigned to contract regulation and briefly discusses the substantive wisdom and institutional feasibility of performing those functions. The essay tentatively concludes that the state should enforce contracts, supply vocabularies that ar...

This paper reviews the economic implications of employer and individual health insurance mandates. Although the cost of meeting an employer mandate is nominally paid by employers, in the long run much of the cost may be shifted backward to employees in the form of lower wages. We also compare the consequences of hypothetical employer and individual health insurance mandates for families with di...

Abstract This article aims to provide theoretical model for analyzing challenge of asymmetric information in the third sector of economy (which is the most important challenge, preventing the growth and development of third sector), using the theoretical foundation of contract theory and incentive theory with regard to the special characteristics of third sector derived by its special structur...

power of attorney (pa) contract is among the specified contracts that are widely used in society and people’s legal relations, because on one hand, people are not compelled to directly vindicate their rights and, on the other hand, the above-mentioned contract is of high importance in lawsuits and restoring the victim’s rights in courts of law. through signing contract of pa, the attorney and t...