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We analyze the role of search frictions in the market for commercial health insurance. Frictions increase the cost of … insurance by enabling insurers to set price above marginal cost, and by creating incentives for inefficiently high levels of …
Persistent link: https://www.econbiz.de/10012758230
We analyze the role of search frictions in the market for commercial health insurance. Frictions increase the cost of … insurance by enabling insurers to set price above marginal cost, and by creating incentives for inefficiently high levels of …
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