On IPL

IPL or Indian premier league is a new form of cricket. To me it's just watching another reality show out of soo many, there is no spirit of sportsmanship.There is no patriotism as people don't care who looses or wins unlike a country playing another cricket might loose its pride. The spirit of cricket is missing. This IPL is all about money and bollywood. A teammate slapping another. IPL is just rivalry of ICL. These types of tournaments might also loose some key players from their national squads and might lead to less of international cricket as IPL will also try to crunch between these international matches.

On healthcare as a imperfect market

Healthcare is an imperfect market in healthcare it is difficult to compare sellers such as Doctors quality and prices and the buyers requirements in other words there is asymmetric information flow as according to the text. In healthcare the seller (doctors) control all the information about health care and the consumer (patients) tend to avoid medical services until they need them. Even if payer (insurers) or consumers try hard to compare sellers (doctors) and their products, data are expensive to collect and complex to interpret. Doctors can set up monopolies or oligopolies in which neither purchasers nor consumers can shop or even easily negotiate services or prices.