NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Regulating Innovation with Uncertain Quality: Information, Risk, and Access in Medical Devices

Matthew Grennan, Robert Town

NBER Working Paper No. 20981
Issued in February 2015, Revised in June 2019

---- Acknowledgments ----

Data for this research was provided by Millennium Research Group (www.mrg.net). We owe thanks to Jason Abaluck, Andres Aradillas-Lopez, Steve Berry, Dave Chan, Allan Collard-Wexler, Joe Harrington, Ali Horta├žsu, Robin Lee, Sam Peltzman, Scott Stern, Ashley Swanson, Mauricio Varela, and numerous seminar audiences for helpful comments. The University of Toronto, Wharton Dean's Research Fund and Mack Institute, and the Indian School of Business provided financial assistance. Alexandra Charbi, Gi Heung Kim, Ellie Prager, Mike Punzalan, and Emi Terasawa provided excellent research assistance. Any errors are our own. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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