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However, for many observers what will stand out are the huge variations in prices across the country.
A spokesman, Michael Shanahan, said that variations in prices in different areas, or zones, were based on "competitive situations".
Ms. Coakley concluded that wide variations in prices paid by insurers to hospitals and physicians were related to providers' market leverage, but not to quality.
Unexpected variations in prices offered, or prices that are slightly too high, can be also be detected, perhaps indicating that an employee is receiving a kickback to accept fraudulent goods.
To return to Stiglitz he points out thatThose making real decisions, e.g. about how much to invest in a steel mill, are clearly unlikely to be affected by these variations in prices within a nanosecond.
The report published by the Home Office on Wednesday reveals that, while the cost of several products was broadly similar across the country, in some cases there were wide variations in prices paid: Portable ladders were purchased at a cost of £4,189 in Humberside, compared with less than £1,500 in Hertfordshire.
Similar(38)
She and colleagues found huge variations in price, even within the same county.
China already has a network of seven regional carbon markets, but there are wide variations in pricing among them.
But customers often aren't aware of wide variations in price and end up paying more than they should.
Companies and financiers continue to search for new ways to protect themselves from, or take advantage of, the risk of unexpected variations in price.
Comparisons over time need to be adjusted for variations in price levels, but this is not always a simple matter, especially given differences in inflation rates between countries.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com