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Are Health Insurance Markets Competitive?
Dafny, Leemore - 2008
Although the vast majority of Americans have private health insurance, researchers focus almost exclusively on public provision. Data on the private insurance sector is extremely difficult to obtain because health insurance contracts are complex, renegotiated annually, and not subject to...
Persistent link: https://www.econbiz.de/10012464076
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Trade Policy and Market Power : The Case of the US Steel Industry
Blonigen, Bruce A. - 2007
A primary function of trade policy is to restrict imports to benefit the targeted domestic sector. However, a well …-established theoretical literature highlights that the form of trade policy (e.g., quotas versus tariffs) can have a significant impact on how … much trade policy affects firms' abilities to price above marginal cost (i.e., market power). The US steel industry …
Persistent link: https://www.econbiz.de/10012464973
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Some Economic Aspects of Antitrust Analysis in Dynamically Competitive Industries
Evans, David S. - 2001
Competition in many important industries centers on investment in intellectual property. Firms engage in dynamic …, Schumpeterian competition for the market, through sequential winner-take-all races to produce drastic innovations, rather than … through static price/output competition in the market. Sound antitrust economic analysis of such industries requires explicit …
Persistent link: https://www.econbiz.de/10012470456
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Market Power and Price Discrimination in the U.S. Market for Higher Education
Epple, Dennis - 2017
The main purpose of this paper is to estimate an equilibrium model of private and public school competition that can …
Persistent link: https://www.econbiz.de/10012455321
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Algorithmic Pricing : Implications for Consumers, Managers, and Regulators
Spann, Martin; Bertini, Marco; Koenigsberg, Oded; … - National Bureau of Economic Research - 2024
Over the past decade, an increasing number of firms have delegated pricing decisions to algorithms in consumer markets such as travel, entertainment, and retail; business markets such as digital advertising; and platform markets such as ride-sharing. This trend, driven primarily by the increased...
Persistent link: https://www.econbiz.de/10014576568
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The Impact of Price Transparency in Outpatient Provider Markets
Barnes, Kayleigh; Glied, Sherry; Handel, Benjamin R.; … - National Bureau of Economic Research - 2024
Medical provider price transparency is often touted as a way to lower health care spending. But the impact of price transparency is theoretically ambiguous: it could lower health care spending via increased consumer price shopping or improved insurer bargaining but could also raise health care...
Persistent link: https://www.econbiz.de/10014576609
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Stress Testing Structural Models of Unobserved Heterogeneity : Robust Inference on Optimal Nonlinear Pricing
Bodoh-Creed, Aaron L.; Hickman, Brent R.; List, John A.; … - National Bureau of Economic Research - 2023
In this paper, we provide a suite of tools for empirical market design, including optimal nonlinear pricing in intensive-margin consumer demand, as well as a broad class of related adverse-selection models. Despite significant data limitations, we are able to derive informative bounds on demand...
Persistent link: https://www.econbiz.de/10014337879
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Markups and Entry in a Circular Hotelling Model
Barro, Robert J. - National Bureau of Economic Research - 2024
The Hotelling locational model and its adaptations to a circular city provide a core framework for research in industrial organization. The present paper expands the explanatory power of this model by incorporating a continuum of consumers with constant-elasticity demand functions along with...
Persistent link: https://www.econbiz.de/10014635623
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The Gains and Losses From Industrial Concentration
Peltzman, Sam - 1977
In essence, this paper will try to decompose the concentration-profits relationship into separate concentration-price arid concentration-cost relationships. By doing this, I hope to shed light on some of the allocative and distributive issues that, I suspect, give the subject its intrinsic...
Persistent link: https://www.econbiz.de/10012478966
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Low Interest Rates, Market Power, and Productivity Growth
Liu, Ernest - 2019
This study provides a new theoretical result that low interest rates encourage market concentration by raising industry leaders' incentive to gain a strategic advantage over followers, and this effect strengthens as the interest rate approaches zero. The model provides a unified explanation for...
Persistent link: https://www.econbiz.de/10012479461