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"The authors compare the two merger control systems currently employed worldwide: a mandatory system based on merger size threshold and a voluntary system with ex-post monitoring and fines. The voluntary system possesses two informational advantages: (i) the enforcement agency employs more...
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"It is widely observed that many physicians working in public health facilities do not put in the required effort and … time in their jobs. At the same time, many public physicians remain highly motivated, working long hours for little … improve the inoptimal performance of some physicians without compromising the effort of those already motivated. This paper …
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"The quality of medical care received by patients varies for two reasons: differences in doctors' competence or differences in doctors' incentives. Using medical vignettes, the authors evaluated competence for a sample of doctors in Delhi. One month later, they observed the same doctors in their...
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providing compensation to patients, it limits the patient's right to appeal, and it appears that there is a trade-off between …
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