Imperfect Competition in Selection Markets
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https://www.nber.org/papers/w20411
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资源简介：
Standard policies to correct market power and selection can be misguided when these two forces co-exist. Using a calibrated model of employer-sponsored health insurance, we show that the risk adjustment commonly used by employers to offset adverse selection often reduces the amount of high-quality
提供机构：
美国国家经济研究局创建时间：
2014-08-01
