…methodology for estimating favorable selection can be found in Technical Appendix 11-A (p. 377) Evidence of favorable selection throughout the period from 2007 to 2022 We estimate that favorable selection…

…textbook solution to adverse selection problems.  However, subsidies can also cure adverse selection.  If subsidies are large enough mandates are not needed to avoid a death spiral; in the limit,…

…. . . Recent Quartz article on Private Label and Brand name. Private-label brands are having a moment in 2024, and it’s no coincidence that some of the biggest winners…

by cactus Forbes and the “Self-Made” Label I’m kinda busy these days, but this topic is small pet peeve of mine: what the heck is up with Forbes and the…

…have to submit articles.” Off-label use of drugs is big business. According to The Wall Street Journal, “[FDA] is stepping into a high-stakes business issue, because off-label uses of prescription…

Selection by Ken Melvin The times they are a changing. And they are changing at pandemic speed. Five months ago is ancient history. Now is a but a fleeting interval….

…everything will be fine. 2) The problem is adverse selection in the MBS market and mark to market accounting. Here there is a theory better than “I know best” for…

…a moral hazard problem as we are more careless with our wallets. I see his moral hazard and raise him an adverse selection (Hint: adverse selection is a great tool…

…unreasonable cases, but if it is reasonable that the off-label use of the drug might have caused the damage, then the encouraged off-label use would lead to an assumption of…

…due to differently strong self-selection on unobservable skill endowments. These endowments are in turn assumed to be more persistent than observable outcomes across generations. If skill endowments are responsible for…