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Redesigning Medicare Shared Savings Program: Implications for Risk-Averse and Strategic ACOs

The Medicare Shared Savings Program (MSSP) aims to incentivize accountable care organizations (ACOs) to improve healthcare efficiency and reduce costs. However, current MSSP contract designs often overlook the forward-looking and risk-averse nature …

Crisis Control in Top-down Bureaucracy: Evidence from China's Zero-Covid Policy

This study investigates the compliance of local Chinese officials with the zero-Covid policy throughout the COVID-19 pandemic. By examining biographical data from political elites and using a prefecture-day data set on risk levels – an indicator …