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model of the division of labor in general medicine that views the use of hospitalists as balancing the costs of coordinating … care across physicians in the hospitalist model against physicians' costs switching between ambulatory and hospital …
Persistent link: https://www.econbiz.de/10012462612
coordination costs fell during this period. We then propose a "hierarchical production function" in which output is the product of … coordination costs fell broadly and steadily during this period, so that hiring one's first associate leveraged a partner's skill …
Persistent link: https://www.econbiz.de/10012463906
distribution network upgrades. In contrast, centrally managed charging solves the coordination problem, reducing transformer …
Persistent link: https://www.econbiz.de/10015056212
This paper assesses the impact of the geographic diversification of bank holding company (BHC) assets across the United …
Persistent link: https://www.econbiz.de/10012460997
We survey 861 finance academics, professionals, and public sector regulators and policy economists about climate finance topics. They identify regulatory risk as the top climate risk to businesses and investors over the next five years, but they view physical risks as the top risk over the next...
Persistent link: https://www.econbiz.de/10012616584
, are the most overt costs of war. They are also relatively short-lived. The costs of war borne by combatants and their … that a significant component of the public costs associated with U.S. wars are long-lived. One third to one half of the … total present value of historical war costs have been absorbed by benefits distributed over the remaining life spans of …
Persistent link: https://www.econbiz.de/10012462548
This paper evaluates changes in fuel procurement practices by coal- and gas-fired power plants in the United States following state-level legislation that ended cost-of-service regulation of electricity generation. I find that deregulated plants substantially reduce the price paid for coal (but...
Persistent link: https://www.econbiz.de/10012458556
During the financial crisis, life insurers sold long-term policies at deep discounts relative to actuarial value. The average markup was as low as -19 percent for annuities and -57 percent for life insurance. This extraordinary pricing behavior was due to financial and product market frictions,...
Persistent link: https://www.econbiz.de/10012460342
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Persistent link: https://www.econbiz.de/10013336576