Does A Very Strange Distribution Lead to a Sacrifice in the Hope of a More Interesting Endgame?
Brad DeLong notes an experiment subject (as is the wont of the Obama Administration to date) to regulatory capture: In a surprising move, the Obama administration will extend special bonus payments meant to reward top-performing Medicare Advantage insurers to those that score only average ratings….The law says bonuses, which start in 2012, would go to […]