Tag: Bureau of Economics

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Proceedings of a conference on consumer protection regulation. Twelve papers by academic and government economists dealing with various advertising and product quality problems.
Assesses evidence on product quality problems in the used car market and looks at the effects of various state laws that attempt to improve the market.
Estimates the effect on consumer welfare of state laws restricting the establishment of new automobile dealerships in the vicinity of present dealers selling cars of the same make. These laws may raise new automobile prices about six percent.
Investigates competitive theories that form the basis of antitrust policy, using experimental methods.
Examines the justification for requiring Certificate of Need approval for home health care providers. No evidence is found that home health firms located in states with these regulations achieve available economies of scale to a greater degree than firms in unregulated states...
A Congressionally requested cross-state empirical analysis of the effects of collective ratemaking and state regulation on auto insurance premiums. Finds that collective ratemaking has no effect on premiums in the presence of state regulation. Also finds that state regulation raises...
Assesses the value of a revision in antitrust policy that gives a special exemption to declining industries. Concludes that such an exemption would likely allow anticompetitive mergers which produce no offsetting efficiencies, thus weakening U.S. industries in their efforts to compete...
Congressionally requested study that assesses life insurance policies and the adequacy of consumer information. Suggests that there may be information problems in some segments of the market.

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