Consumer-centric healthcare has been extolled as the centerpiece of a new model for managing both quality and price. However, information asymmetry in consumer-directed health plans (CDHPs) is a ...
Information asymmetry is a term that gets used a lot in economics. It means that one party in a transaction has more information or better information than the other party—a common occurrence. The ...
"Oh What Fun, It Is To Arb" Hum that to the tune of “Oh what fun, it is to ride, in a one-horse open sleigh.” Everyone knows about the concept of arbitrage. It’s basically “buy low, sell high.” It ...
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