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FTC Bureau of Economics Working Papers are preliminary materials circulated to stimulate discussion and critical comment. The analyses and conclusions set forth are those of the authors and do not necessarily reflect the views of other members of the Bureau of Economics, other Commission staff, or the Commission itself. References in publications to FTC Bureau of Economics Working Papers by FTC economists (other than acknowledgment by a writer that he has access to such unpublished materials) should be cleared with the author to protect the tentative character of these papers.

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Pay Every Subject or Pay Only Some?

Beth Freeborn, Patrick McAlvanah, Lisa R. Anderson
Working Paper

One technique employed by budget-conscious researchers is to pay only some of the subjects for their choices in an experiment. We test the effect of paying some subjects versus paying all subjects in

Simulating Hospital Merger Simulations

David Balan and Keith Brand
Working Paper
334 (Revised)

We assess the performance of three hospital merger simulation methods by means of a Monte Carlo experiment. We first specify a rich theoretical model of hospital markets and use it to generate “true”