Similar Search Results

An Efficient Multi-Item Dynamic Auction with Budget Constrained Bidders

Talman, Dolf; Yang, Zaifu - Department of Economics and Related Studies, University … - 2013

An auctioneer wishes to sell several heterogeneous indivisible items to a group of potential bidders. Each bidder has valuations over the items but might face a budget constraint and may therefore not be able to pay up to his values. In such markets, a competitive equilibrium typically fails to...

Persistent link: https://www.econbiz.de/10010717784

An Efficient Double-Track Auction for Substitutes and Complements

Sun, Ning; Yang, Zaifu - Department of Economics and Related Studies, University … - 2012

We propose a dynamic auction mechanism for efficiently allocating multiple heterogeneous indivisible items. These goods can be split into two distinct sets so that items in each of the two sets are substitutes but are complementary to items in the other. The seller has a reserve value for each...

Persistent link: https://www.econbiz.de/10010630689

An Efficient and Incentive Compatible Dynamic Auction for Multiple Complements

Sun, Ning; Yang, Zaifu - Department of Economics and Related Studies, University … - 2014

This article proposes an efficient and incentive compatible dynamic auction for selling multiple complementary goods to finitely many bidders. The goods are traded in discrete quantities. The seller has a reserve price for every bundle of goods and determines which bundles to sell based on...

Persistent link: https://www.econbiz.de/10010777735

Efficiency in strategic form games: A little trust can go a long way

Li, Jianpei; Schweinzer, Paul - Department of Economics and Related Studies, University … - 2013

We study the incentives of noncooperative players to play a cooperative game. That is, we look for individually rational, redistributive, pre-game agreements enacted in order to coordinate towards efficient equilibrium play. Contrasting with standard Nash equilibrium analysis, we assume that...

Persistent link: https://www.econbiz.de/10010679666

Measuring efficiency in health care: an application to out of hours primary care services in the island of Ireland

Lordan, Grace - Department of Economics and Related Studies, University … - 2007

This paper is a cross border study that explores isolating the efficiency component and measuring its overall …-operatives operating in ROI and five of the seven co-operatives in NI. The primary aim of this paper is to estimate efficiency for these … ‘noise’ effects and efficiency effects. This paper outlines the means that SFA methodology can be used to derive sensible and …

Persistent link: https://www.econbiz.de/10005695784

An econometric analysis of self-assessed health: what does it mean and what is it hiding?

Au, N.; Johnston, D. W. - Department of Economics and Related Studies, University … - 2013

Self-assessed general health (SAH) is the most frequently employed health measure in economics research; however, it is poorly understood. In this paper we answer two questions: (i) what components of health does SAH measure? and (ii) does the use of SAH conceal important health effects? To...

Persistent link: https://www.econbiz.de/10011146836

Is fiscal decentralization good for your health? Evidence from a panel of OECD countries

Jiménez-Rubio, D - Department of Economics and Related Studies, University … - 2010

In this study I use improved data of fiscal decentralization to re-examine the hypothesis that shifts towards more fiscal decentralization would be accompanied by improvements in population health on a panel of 19 OECD countries. The advantage of the new measure of decentralization is that it...

Persistent link: https://www.econbiz.de/10008763962

Difference in Differences for Stayers and Movers with a Time-Varying QualiÂ…cation

Lee, M.; Kim, Y. - Department of Economics and Related Studies, University … - 2013

When a treatment in difference in differences (DD) is applied to a group of individuals with a time-constant qualifiÂ…cation/eligibility such as gender or race, there is no issue of choosing to be (un-)treated. But if the qualiÂ…fication is time-varying, then the individuals may alter...

Persistent link: https://www.econbiz.de/10010692341

What drives the association between health and portfolio choice?

Kronenberg, C.; van Kippersluis, H.; Rohde, K.I.M. - Department of Economics and Related Studies, University … - 2014

There is a persistent association between health and portfolio choice, but hardly anything is known about the underlying sources of heterogeneity: what makes healthier individuals hold more risky assets? This paper uses rich Dutch longitudinal data to take into account and explain unobserved...

Persistent link: https://www.econbiz.de/10011096591

The influence of BMI, obesity and overweight on medical costs: a panel data perspective

Mora, T.; Gil, J.; Sicras-Mainar, A. - Department of Economics and Related Studies, University … - 2013

This paper estimates the impact of BMI, obesity and overweight on direct medical costs. We apply panel data econometrics and use a two-part model with a longitudinal dataset of medical and administrative records of patients in primary and secondary healthcare centres in Spain followed up over...

Persistent link: https://www.econbiz.de/10010675894