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Rate Regulation of Worker's Compensation Insurance: How Price Controls Increase Cost

Autor Patricia Munch Danzon Scott Harrington
en Limba Engleză Hardback – 31 dec 1996
This text defines the problem, describes the regulatory response and analyzes the effects of rate regulation. It demonstrates how regulation intended to control costs can exacerbate cost growth by subsidizing high-risk activities and firms at the expense of low-risk activities and firms.
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Specificații

ISBN-13: 9780844739328
ISBN-10: 0844739324
Pagini: 170
Dimensiuni: 147 x 224 x 26 mm
Greutate: 0.36 kg
Editura: AEI Press

Textul de pe ultima copertă

The authors define the problems, trace the regulatory resopnses, and analyze the effects of rate regulation. Their study illuminates how rate regulation set up to control the cost of workers' compensation insurance reduced incentives for safety and cost control and subsidized high-risk activities and firms at the expense of others.