We examine the strategic interaction in the market for physician services when the total budget for reimbursement is fixed. We show that this prospective payment system involves ƒ{ compared to a fee-for-service remuneration system ƒ{ a severe coordination problem, which potentially leads to...

We examine the strategic interaction in the market for physician services when the total budget for reimbursement is fixed. We show that this prospective payment system involves { compared to a fee-for-service remuneration system { a severe coordination problem, which potentially leads to the...

We examine the strategic interaction in the market for physician services when the total budget for reimbursement is fixed. We show that this prospective payment system involves ƒ{ compared to a fee-for-service remuneration system ƒ{ a severe coordination problem, which potentially leads to...

Ein Kollaps der Krankenhäuser und insbesondere der Intensivstationen konnte während der Covid-19-Krise in den vergangenen zwei Jahren vermieden werden. Allerdings hat die Pandemie grundlegende Probleme des deutschen Gesundheitssystems offengelegt. Es war nicht auf die Krise vorbereitet:...

Der Blick auf eine angemessene Wettbewerbsordnung hat sich im Laufe der Jahrzehnte vielfach gewandelt. Dazu trugen sowohl der technologische Wandel als auch ein tieferes Verständnis der ökonomischen Zusammenhänge bei. Aktuell muss die Wettbewerbspolitik das Gesetz gegen...

During the recent sales of UMTS licenses in Europe some countries used auctions while others resorted to so-called Beauty Contests. There seems to be a wide consensus among economists that in these and other contexts like privatisation an auction is the better selling mechanism. However, why...