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disclosure requirements that exist in these markets. We show that reducing the number of charlatans through regulation decreases … regulation, implying that the regulation we observe in these markets likely derives from producer interests. Using these insights …
Persistent link: https://www.econbiz.de/10012949422
During the Progressive Era at the beginning of the 20th century, the United States replaced litigation by regulation as … enforcement strategy between litigation and regulation based on the idea that justice can be subverted with sufficient expenditure … environment of significant inequality of wealth and political power. The switch to regulation can then be seen as an efficient …
Persistent link: https://www.econbiz.de/10013246364
This paper examines the consequences of imposing binding minimum standards on the market for voluntary private health insurance for the elderly. Theoretically, the effect of these standards on insurance coverage and on welfare is ambiguous. I find robust evidence of a substantial decline in...
Persistent link: https://www.econbiz.de/10013228005
consumer survey. We also use variation in regulation stringency across states and occupations to measure the effects of …
Persistent link: https://www.econbiz.de/10012844298
A large literature has analyzed pricing inefficiencies in health insurance markets due to adverse selection, typically assuming informed, active consumers on the demand side of the market. However, recent evidence suggests that many consumers have information frictions that lead to suboptimal...
Persistent link: https://www.econbiz.de/10013011094
Increased competition from the internet has raised concerns about the quality of prescription drugs sold online. Given the pressure from the Department of Justice, Google agreed to ban pharmacies not certified by the National Association of Boards of Pharmacy (NABP) from sponsored search...
Persistent link: https://www.econbiz.de/10013054516
related issues, including (i) age-based pricing regulation (ii) exchange participation if the individual mandate is …
Persistent link: https://www.econbiz.de/10013076580
We study the effects of bicycle safety regulations in both the United States and the United Kingdom on bicycle accident rates for various population age groups. We find small, statistically significant decreases in the accident rates as the stock of bicycles increases its compliance with the...
Persistent link: https://www.econbiz.de/10013248690
We provide causal evidence that regulation induced product shocks significantly impact aggregate demand and firm … receiving expedited review are more likely to suffer from regulation induced product shocks. Thus, it appears we may be trading …
Persistent link: https://www.econbiz.de/10012911697
quantitative estimates of the consequences of government regulation. We estimate the impact of restricting gender-based pricing in …
Persistent link: https://www.econbiz.de/10012780190