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trial that randomized premiums and subsidies for India's first national, public hospital insurance program, called RSBY. We …
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The way imperfect information can lead to market failure provides great learning opportunities for students, where they see how the price mechanism can fail under a multiperiod setting. In this paper, we modify Hodgson (2014) to incorporate risk aversion in a classroom experiment about...
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connection between selection and moral hazard in star hospital use …
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