. Softer budgets reduce cost efficiency, while the effect on quality is ambiguous. For given cost efficiency, softer budgets … allow for heterogeneity in costs and qualities, we also show that a softer budget can raise quality for high-cost patients …

The purpose of this paper is to compare the cost efficiency of private and public property insurance providers in …

This paper explores the impact of airport noise regulation on airline service quality and airfares. It also … characterizes the socially optimal stringency of noise limits, taking both noise damage and the various costs borne by airlines and …

This paper presents a simple model of airline schedule competition that circumvents the complexities of the spatial …

This paper develops an efficiency theory of contingent trade policies. We model the competition for a domestic market … between one domestic and one foreign firm as a pricing game under incomplete information about production costs. The cost … contingent trade policy on efficiency grounds. Contingent trade policy that seeks to maximize global welfare can avoid the …

productive efficiency, in the public sector. We focus on reforms aiming to establish parity between work conditions in the public …

(MGMM), exploiting straight-forward modifications of the instruments, can achieve substantial efficiency gains and bias …