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Adoption and Learning Across Hospitals : The Case of a Revenue-Generating Practice
Sacarny, Adam - 2018
Performance-raising practices tend to diffuse slowly in the health care sector. To understand how incentives drive adoption, I study a practice that generates revenue for hospitals: submitting detailed documentation about patients. After a 2008 reform, hospitals could raise their Medicare...
Persistent link: https://www.econbiz.de/10012453219
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Misreporting Trade : Tariff Evasion, Corruption, and Auditing Standards
Kellenberg, Derek - 2016
gaps between importer- and exporter-reported trade vary systematically with GDP, tariffs and taxes, auditing standards …
Persistent link: https://www.econbiz.de/10012456086
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Do Private Equity Funds Manipulate Reported Returns?
Brown, Gregory W. - 2016
Private equity funds hold assets that are hard to value. Managers may have an incentive to distort reported valuations if these are used by investors to decide on commitments to subsequent funds managed by the same firm. Using a large dataset of buyout and venture funds, we test for the presence...
Persistent link: https://www.econbiz.de/10012456184
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The Effect of New Information Technologies on Asset Pricing Anomalies
Hirshleifer, David - 2024
We test and compare the effects of introduction of two new financial information technologies, EDGAR and XBRL, on well-known asset pricing anomalies often attributed to mispricing. EDGAR facilitates easier access to public accounting information about public firms; XBRL reduces the cost of...
Persistent link: https://www.econbiz.de/10015056093
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How Wide is the Scope of Hold-Up-Based Theories? Contractual Form and Market Thickness in Trucking
Hubbard, Thomas N. - 1999
How far do the contractual implications of hold-up-based theories (Klein, Crawford, and Alchian (1978), Williamson (1979, 1985)) extend? I investigate this in the context of trucking. Quasi-rents in trucking are generally smaller than in the contexts studied in the previous empirical literature....
Persistent link: https://www.econbiz.de/10012471437
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The Self-Enforcing Provisions of Oil and Gas Unit Operating Agreements : Theory and Evidence
Libecap, Gary D. - 1999
-term contracts. We argue that only if the parties to a unitization contract have unit production shares that are the same as their … cost shares will the contract be incentive compatible. Using a data base of sixty unit operating agreements, we measure the … desirable contract rules for avoiding moral hazard. It also shows how the effects of those rules can be replicated in difficult …
Persistent link: https://www.econbiz.de/10012471652
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Incentive Contracts
Lazear, Edward P. - 1986
Persistent link: https://www.econbiz.de/10012477157
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A Comparison of Tournaments and Contracts
Green, Jerry R. - 1982
Tournaments, reward structures based on rank order, are compared with individual contracts in a model with one risk-neutral principal and many risk-averse agents. Each agents' output is a stochastic function of his effort level plus an additive shock term that is common to all the agents. The...
Persistent link: https://www.econbiz.de/10012478271
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Bilateral Contracts
Green, Jerry R. - 1981
efficiency is not attainable. We show that contracts involving mutual control might sometimes be superior to the best contract …
Persistent link: https://www.econbiz.de/10012478394
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Risk Sharing through Breach of Contract Remedies
Polinsky, A. Mitchell - 1981
This paper examines the sharing of risk under three different remedies for breach of contract. The risk considered …. By means of a numerical example, it is shown that use of the prevailing remedy for breach of contract -- the expectation …
Persistent link: https://www.econbiz.de/10012478401