Physicians are sometimes accused of raising their payment demands to supracompetitive levels. Conversely, payors are sometimes alleged to use their market power to pay physicians subcompetitive rates. CRA has performed statistical analyses of payment rates in both of these situations. Using econometric techniques we compare physician reimbursement to peers in the same geographic area or in other areas, or measure changes in reimbursement over time.
Merger simulation in second-score auctions: A nested logit model
In a recent Economics Letters article, CRA’s Martino De Stefano and Serge Moresi show how to improve the second-score auction model that is often used to...