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Capacity Constraints and the Provision of Public Services : The Case of Workers in Public Health Clinics
Harris, Matthew C. - 2019
Unlike in the production of most goods, changes in capacity for labor-intensive services only affect outcomes of interest insofar as service providers change the way they allocate their time in response to those capacity changes. In this paper, we examine how public sector service providers...
Persistent link: https://www.econbiz.de/10012479657
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How does Risk Selection Respond to Risk Adjustment? Evidence from the Medicare Advantage Program
Brown, Jason - 2011
firms' incentives to selectively enroll low-cost individuals, governments frequently "risk-adjust" payments to firms based …'s payments to a firm for covering an individual minus the counterfactual cost had the government directly covered her. We show … thus risk adjustment can raise the total cost to the government of providing the public service. We confirm both selection …
Persistent link: https://www.econbiz.de/10012461681
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The Private Provision of Public Services : Evidence from Random Assignment in Medicaid
Agafiev Macambira, Danil; Geruso, Michael; Lollo, Anthony; … - National Bureau of Economic Research - 2022
Nearly all prior work on government outsourcing has focused on the contracting firm's incentives. This paper shows how strong incentive contracts may be insufficient to generate spending reductions (or other desired outcomes) in the presence of a binding technological or managerial constraint....
Persistent link: https://www.econbiz.de/10013362044
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A Fundamental Enforcement Cost Advantage of the Negligence Rule over Regulation
Shavell, Steven - 2012
use of the negligence rule is triggered by harm, the rule enjoys an intrinsic enforcement cost advantage over regulation …
Persistent link: https://www.econbiz.de/10012460242
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Effects of Regulation on Utility Financing : Theory and Evidence
Taggart, Robert A, Jr - 1982
This paper examines the financing decisions of regulated public utilities. It is argued that the regulatory process affects utility financing choices both by conditioning the environment in which these choices are made and by creating opportunities for firms to influence the regulated price...
Persistent link: https://www.econbiz.de/10012478245
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Principal-agent Incentives, Excess Caution, and Market Inefficiency : Evidence From Utility Regulation
Borenstein, Severin - 2007
Regulators and firms often use incentive schemes to attract skillful agents and to induce them to put forth effort in pursuit of the principals' goals. Incentive schemes that reward skill and effort, however, may also punish agents for adverse outcomes beyond their control. As a result, such...
Persistent link: https://www.econbiz.de/10012464967
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Transaction Cost Regulation
Spiller, Pablo T. - 2011
This paper discusses the fundamental underpinnings and some implications of transaction cost regulation (TCR), a …. TCR sees regulation as the governance structure of these interactions, and thus, as in standard transaction cost economics …
Persistent link: https://www.econbiz.de/10012461923
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Judicial Politics and Sentencing Decisions
Cohen, Alma - 2018
This paper investigates whether judge political affiliation contributes to racial and gender disparities in sentencing using data on over 500,000 federal defendants linked to sentencing judge. Exploiting random case assignment, we find that Republican-appointed judges sentence black defendants...
Persistent link: https://www.econbiz.de/10012453103
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Cross Border Effects of State Health Technology Regulation
Horwitz, Jill R. - 2014
Certificate of Need Laws (CON), state laws requiring providers to obtain licenses before adopting healthcare technology, have been controversial. The effect of CON on technology supply has not been well established. In part this is because analyses have focused on state-level supply effects,...
Persistent link: https://www.econbiz.de/10012458862
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Health Plan Payment in U.S. Marketplaces : Regulated Competition with a Weak Mandate
Layton, Timothy - 2017
The Affordable Care Act Marketplaces were introduced in 2014 as part of a reform of the U.S. individual health insurance market. While the individual market represents a small slice of the U.S. population, it has historically been the market segment with the lowest rates of take-up and greatest...
Persistent link: https://www.econbiz.de/10012455237