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We estimate the value of competition in United States Forest Service (USFS) timber auctions, in the context of the Reagan administration’s bailout of firms that faced substantial losses on existing co...
The results of infrastructure modernization comparisons and revenue comparisons are consistent with the view that the historically pro-competition states delivered benefits to their consumers in the...
Explaining the Gender Gap in Math Test Scores:The Role of Competition.
In the first step, the policy functions and the law of motion for the state variables are estimated. In the second step, the remaining structural parameters are estimated using the optimality ...
We estimate the economic surplus created by Medicare Advantage under its reformed competitive bidding rules. We use data on the universe of Medicare benciaries, and develop a model of plan bi...
Rising healthcare costs have sparked debate about the best way to provide high-quality a§ordable health insurance. We discuss the potential for regulated insurance markets to outperform single-payer...
Generic drugs comprise an increasing share of total prescriptions dispensed in the U.S., rising from nearly 50% in 1999 to 75% in 2009. The generic drug market has typically been viewed at the wholesa...
We analyse the causal impact of competition on managerial quality and hospital performance. To address the endogeneity of market structure we analyse the English public hospital sector where entry and...
The fundamental goal of economic policy is to enhance competitiveness, which is reflected in the productivity with which a nation or region utilizes its people, capital, and natural endowments to prod...
Presentation delivered at the Richard Ivey School of Business, Toronto, Canada.
This presentation draws on a forthcoming book with Elizabeth Olmsted Teisberg (Redefining Health Care: Creating Positive-Sum Competition to Deliver Value, Harvard Business School Press). Earlier publi...
We study the impact of social identity on worker competition by exploiting the exogenous variations in workers' origins and the well-documented social divide between urban resident workers and rural m...
Consumer reviews are now a part of everyday decision-making. Yet, the credibility of reviews is fundamentally undermined when business-owners commit review fraud, either by leaving positive reviews fo...
Consumer reviews are now a part of everyday decision-making. Yet, the credibility of reviews is fundamentally undermined when business-owners commit review fraud, either by leaving positive reviews fo...
We examine how cross-country differences in product, capital, and labor market competition, and government efficiency affect the rate of mean reversion of corporate profitability. Using a sample of 42...

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