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Voluntary Regulation: Evidence from a Randomized Medicare Payment Reform

In the United States, researchers evaluated the impact of the mandatory-participation bundled payment model for hospitals and explored which hospitals were incentivized to opt in to bundled payments after the model was later made voluntary. The mandatory-participation bundled payment program...

Providing School Report Cards to Improve Quality and Pricing of Education in Pakistan

In this study, researchers introduced report cards with child and school test scores to evaluate the impact on public and private schools’ cost, performance, and enrollment. The program reduced private school fees, improved test scores, and increased primary school enrollment.