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Medicare has recently experienced the largest expansion of benefits since its inception: the inclusion of prescription drug coverage tinder the Medicare Prescription Drug, Improvement and Modernization Act of 2003. The policy debate has mainly focused on estimating the cost of implementing the...
Persistent link: https://www.econbiz.de/10009439156
This paper studies whether competition may induce firms abandoningdeceptive pricing strategies aimed to profit from mistaken choices ofconsumers. The empirical analysis focuses on the pricing practices ofearly U.S. cellular firms, both under monopoly and duopoly. Foggy tariffoptions are those...
Persistent link: https://www.econbiz.de/10009435078