Any Willing Provider (AWP) regulations require insurers to allow health care providers network membership, eliminating an insurer's ability to commit to a limited network of providers.
The paper synthesizes and develops the welfare analysis of regulating relative prices, for example price di¤erences, of which banning price discrimination is a special case.
In June 2013, Louisville, Kentucky, announced plans to provide restaurant health inspection data to Yelp.com for publication on their popular consumer-review website.
We analyze the effects of the adoption of real‐time pricing (RTP) of electricity when generating firms have market power.
It is well known in the credence-good literature that in an expert-client relationship, under the Liability assumptions, clients have to reject the expert's serious-treatment recommendations with a po
One explanation for the comparatively lower quality of movie sequels is selection bias, known in personnel economics as the Peter principle (Lazear, 2004).