Market Design word cloud

 

 

I created the following “Market Design” word cloud with a Google Scholar search “auction OR matching OR ‘market design’”. Then I eliminated words without content like the, or, and. The font size is proportional to the square-root of the word frequency. I used this as the Community Picture for the newly formed . . . → Read More: Market Design word cloud

Medicare auction gets failing grade at Congressional hearing

After working over two years to reform the Medicare auctions for home medical equipment (supplies like oxygen and diabetes test strips), I was finally given the opportunity to testify before Congress on the matter. Below are links to my testimony, transcript, video, and further comments:

“Medicare Auction Reform,” Testimony of Peter Cramton before the . . . → Read More: Medicare auction gets failing grade at Congressional hearing

Medicare auction update: It still needs to be fixed!

On 1 April 2011, 110 stakeholders in the Medicare Durable Medical Equipment (DME) industry came to the University of Maryland to discuss how the CMS’ current competitive bidding program could be improved. The participants included Medicare providers, government leaders, and auction experts. A major part of the event was the conduct of a mock . . . → Read More: Medicare auction update: It still needs to be fixed!