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The officials said they were not imposing explicit price controls, but stretching federal dollars to ensure that the government would be a prudent purchaser, a goal endorsed by health policy experts.
Rather than being subjected to explicit price regulations and guidelines, these institutions operate in a "financial repression" regime in which key benchmark interest rates have been held at levels below what would otherwise prevail.
The government will become a near-monopsony buyer, and is determined to use the power this brings, as well as explicit price controls, to rein in the cost of all but the most innovative treatments.Another reform that will hit foreign drug firms is President Xi Jinping's anti-corruption drive.
Environmental policies that put an explicit price on carbon would fit naturally with efficient markets.
The chief novelty of our results is that we do not utilize explicit price definitions to prove truthfulness.
Absent an explicit price on carbon, RTOs should be alert to avoiding many variants of implementation mechanisms that lead to fundamentally undermining the operation of electricity markets.
Similar(51)
Explicit pricing formulas for the proposed EIAs and the icicled barrier options are obtained under the Black Scholes model.
They use a utility function as the user-centric metric and introduce an explicit pricing mechanism to mediate between the user-centric and network-centric resource-management problems.
A Mixed Complementarity Problem is utilized for clearing the market, in which the demand clearing prices are implicitly defined by mixing the explicit prices for energy, reserves and the RES uplift.
Possibly as a response to market access restrictions, explicit pricing policies are not common place in low-income countries.
Accordingly, aggregators will pre-schedule the affiliated DERs and submit flexibility service offers to FLECH with explicit quantity, price and maximum activation numbers.
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