 |
|
|
FORUM « Lawmakers who wear two hats, cont'd | F. Vincent Vernuccio, "A Primer on the Employee Free Choice Act's Arbitration Provision" » July 6, 2009Adverse selection and insurance regulation Regulation of sectors like health and auto insurance is often explained as an response to market failures arising from adverse selection, but, say Alex Tabarrok and Bryan Caplan, most of the real-world elements of regulation are hard to explain that way: "Adverse selection is an easy story to tell but a hard story to verify." Posted by Walter Olson at 12:09 AM | TrackBack (0) |
|
|
Published by the Manhattan Institute
| ||
