Do Report Cards Tell Consumers Anything They Don't Already Know? The Case of Medicare HMOs
---- Acknowledgements -----
We thank two anonymous referees and the editor for invaluable suggestions. We are grateful for comments by David Cutler, Tom Hubbard, Ilyana Kuziemko, Mara Lederman, Gautam Gowrisankaran, Phillip Leslie, Mike Mazzeo, Aviv Nevo, Dennis Scanlon, Scott Stern, Andrew Sweeting, and participants at various seminars. Laurence Baker, Su Liu, and Robert Town generously shared data with us, and Yongbae Lee, Shiko Maruyama, and Subramaniam Ramanarayanan provided outstanding research assistance. This research was made possible by a grant from The Searle Fund for Policy Research. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.