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Casual empiricism suggests that deceptive advertising about product quality is prevalent, and several classes of theories explore its causes and consequences. We provide some unusually sharp empirical evidence on the extent, mechanics, and dynamics of deceptive advertising. Ski resorts...
Persistent link: https://www.econbiz.de/10009652811
Despite a culture of innovation, the U.S. health care system has been markedly deficient in its implementation of information technology (IT). Although recent initiatives have endeavored to remedy this shortcoming, fragmentation, high costs, information asymmetries, and evolving regulatory...
Persistent link: https://www.econbiz.de/10014147986
During Covid-19, decision makers realized the stressing need to transform their businesses in challenging setups characterized by urgency and need of rapid innovation and adaptation. Moreover, and specifically in emerging markets, leaders face challenges that are paradoxical in nature; those...
Persistent link: https://www.econbiz.de/10014031652
The EU regulatory framework for e-communications was adopted by the European Parliament and the Council in 2002, and became applicable from 2003. It has three primary objectives: (1) to promote competition; (2) to develop the single market; and (3) to promote citizens' rights. The European...
Persistent link: https://www.econbiz.de/10005789277
The EU regulatory framework for electronic communications services distinguishes between markets that are susceptible to ex ante regulation and those that are subject to competition law alone. The paper lays out the methodology for identifying relevant markets that may be considered for ex ante...
Persistent link: https://www.econbiz.de/10005837457
At least since Akerlof (1970), asymmetric information in the case of experience goods has been a central issue in the economic literature. This paper studies regulation in markets where the quality of the experience good is never completely verifiable by consumers even after purchase. In the...
Persistent link: https://www.econbiz.de/10010558678
How should intermediaries influence the insurance demand decision? The answer must refer to the interdependence of … essential for the insurance demand decision. Undoubtedly, consumers lack information about certain variables, and therefore … and to provide the correct information. Since the information in the insurance market is asymmetrically distributed, an …
Persistent link: https://www.econbiz.de/10010371522
. We examine the effect of this unisex mandate on risk segmentation in the German health insurance market. While gender … used to be a pricing factor in Germany's private health insurance (PHI) sector, it was never used as a pricing factor in … the social health insurance (SHI) sector. The unisex mandate makes PHI relatively more attractive for women and less …
Persistent link: https://www.econbiz.de/10011984429
. We examine the effect of this unisex mandate on risk segmentation in the German health insurance market. While gender … used to be a pricing factor in Germany's private health insurance (PHI) sector, it was never used as a pricing factor in … the social health insurance (SHI) sector. The unisex mandate makes PHI relatively more attractive for women and less …
Persistent link: https://www.econbiz.de/10011984548
. We examine the effect of this unisex mandate on risk segmentation in the German health insurance market. While gender … used to be a pricing factor in Germany's private health insurance (PHI) sector, it was never used as a pricing factor in … the social health insurance (SHI) sector. The unisex mandate makes PHI relatively more attractive for women and less …
Persistent link: https://www.econbiz.de/10011962199