4 ms·
Not all regulation causes costs to go up. Some causes costs to go down, for example, by correcting inefficiencies created by raw game-theory market competition.
by wolverine876 2y ago
Not all regulation causes costs to go up. Some causes costs to go down, for example, by correcting inefficiencies created by raw game-theory market competition. Some reduce costs by creating a safer environment for investment, reducing risk. Regulation serves market participants too.
- johngladtj 2y agoRegulation always increases costs, it's just that not all costs are easily visible
- jhawleypeters 2y agoWhat's the invisible cost when cigarette advertising is banned, eliminating the arms race to out-advertise the competition?
- wolverine876 2y agoIs that established theoretically by someone?
- vrc 2y agoIn this case it’s regulation on who can sell DME paired with how payor negotiations are handled. So even if you had cash to buy many DME, you still need a prescription and sometimes forced to pay the contracted price if you are known to have insurance.