Showing 1 - 10 of 401
This paper establishes a causal effect of competition from trade liberalization on various characteristics of organizational design. We exploit a unique panel dataset on firm hierarchies (1986-1999) of large U.S. firms and find that increasing competition leads firms to become flatter, i.e., (i)...
Persistent link: https://www.econbiz.de/10012464156
We estimate an insurer-specific preference function which rationalizes hospital referrals for privately-insured births … in California. The function is additively separable in: a hospital price paid by the insurer, the distance traveled, and … plan and severity-specific hospital fixed effects (capturing hospital quality). We use an inequality estimator that allows …
Persistent link: https://www.econbiz.de/10012459328
Quality certification is a common tool to reduce asymmetric information and enhance trust in marketplaces. Should the certificate focus on seller inputs such as fast shipping, or include output measures such as consumer ratings? In theory, incorporating output measures makes the certificate more...
Persistent link: https://www.econbiz.de/10012814449
This essay reviews the theoretical and empirical literature on quality disclosure and certification. After comparing quality disclosure with other quality assurance mechanisms and describing a brief history of quality disclosure, we address three key theoretical issues: (i) Why don't sellers...
Persistent link: https://www.econbiz.de/10012463006
We first summarize the dominant interpretations of the "frontier" in the United States and predecessor colonies over the past 400 years: agricultural (1610s-1880s), industrial (1890s-1930s), scientific (1940s- 1980s), and algorithmic (1990s-present). We describe the difference between the...
Persistent link: https://www.econbiz.de/10012458625
available quality measures, and (2) apply this method to estimating the quality of hospital care for elderly patients with heart …
Persistent link: https://www.econbiz.de/10012471457
yields far more accurate estimates of hospital quality than previously available. We find that, on average, for …
Persistent link: https://www.econbiz.de/10012471460
Adoption of health information and communication technologies ("HICT") has surged over the past two decades. We survey the medical and economic literature on HICT adoption and its impact on clinical outcomes, productivity and labor. We find that HICT improves clinical outcomes and lowers...
Persistent link: https://www.econbiz.de/10012629438
We use simple economic insights to develop a framework for distinguishing between prejudice and statistical discrimination using observational data. We focus our inquiry on the enormous literature in healthcare where treatment disparities by race and gender are not explained by access,...
Persistent link: https://www.econbiz.de/10012462274
Amenities such as good food, attentive staff, and pleasant surroundings may play an important role in hospital demand … patient perspective, hospital quality therefore embodies amenities as well as clinical quality. We also find that a one …-standard-deviation increase in amenities raises a hospital's demand by 38.4% on average, whereas demand is substantially less responsive to …
Persistent link: https://www.econbiz.de/10012464028