Wang Zhigang

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  • Wang Zhigang
  • 2009
It is well accepted that the preference of consumers together with comparative advantage will influence the equlibrium of specialization and consumption utinities of consumers. In this paper, we analyze how preference affects consumption, term of trade and consumption utility under the framework of comparative advantage with only one input. We assume that(More)
The reasones for excessive treatment in China are asymmetric information, lackness of demand elesticity, commission of medicine and the lackness of supervision. To solve the problem, one practical way is to open medical information. When medical informaiton is opened, the degree of excessive treatment can be kept at a relatively low level.
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