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monopoly regulation and suggest the need to exercise care in using the insights and results of Bayesian regulatory theory to …This paper analyzes the Baron and Myerson’s (B–M) (Econometrica 50: 911–930 [1982]) scheme of monopoly regulation, a … subject to influence or manipulable. As we show in detail, under the B–M scheme, consumers and the regulated monopoly are …
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hazard. Focusing on pharmaceuticals consumption, this paper examines theoretically whether reference pricing, requiring … individuals to pay the price difference if, in this case, they don’t buy the cheaper parallel imported drug, can ease this trade …
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Within the debate about the rise of costs in the German health system, the argument has put forth that patients' excessive demand for benefits is caused by the existence of a moral hazard problem. One way of influencing an insured person's consumer behaviour is the introduction of several...
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