In Canada, the government nationalized the healthcare system and reduced doctor’s compensation. Is this a form of post-investment hold-up?

Explain in your own words the importance of business impact analysis activities when an organization is trying to determine the breadth of its contingency planning activities
April 28, 2020
In 800-1,000 words summarize the feedback shared by three nurse colleagues and discuss whether their impressions are consistent with what you have researched about health reform.
April 28, 2020

In Canada, the government nationalized the healthcare system and reduced doctor’s compensation. Is this a form of post-investment hold-up?

In Canada, the government nationalized the healthcare system and reduced doctor’s compensation. Is this a form of post-investment hold-up?

 

Probably the most important source of capital is human capital. For example, most medical doctors spend years learning to practice medicine. Doctors are willing to make large investments in their human capital because they expect to be compensated for doing so when they begin work. In Canada, the government nationalized the healthcare system and reduced doctor’s compensation. Is this a form of post-investment hold-up?