The economist Susan Woodward has shown that the mortgage industry's reliance on abstruse and complex pricing schemes makes it difficult to comparison-shop effectively.
The report states: The current lack of a consistent, standard definition of what is meant by 'free-range', coupled with the prevalence of varying industry certification schemes, makes it difficult for consumers to know whether the products they are purchasing meet their expectations.
The complexity of some defined contribution schemes makes it difficult for individuals and employers to make the right choices, the OFT concluded.
The lack of easy-to-use software that can quickly implement the deconvolution schemes makes it difficult to deconvolve large amount of pass-through data on regular bases.
For example, a seemingly innocuous rule such as the one mandating unified paint schemes makes it difficult for taxi companies to compete via product differentiation.
The expanded health care financing made available under UHC schemes makes it possible to develop financial incentives such as additional payment per case for good performance, or a general bonus for good performance.
