Showing 41 - 50 of 86
Among measures to fight hospital acquired infections, an emerging epidemic in many countries around the world, adoption of appropriate hand hygiene practices by healthcare workers is considered a priority. Despite their simplicity and effectiveness, healthcare workers’ compliance is poor, with...
Persistent link: https://www.econbiz.de/10012242634
A central concern in health economics is to understand the influence of commonly used physician payment systems. We introduce a controlled laboratory experiment to analyze the influence of fee-for-service (FFS) and capitation (CAP) payments on physicians' behavior. Medical students decide as...
Persistent link: https://www.econbiz.de/10003943860
This note presents an experimental study of the random lottery incentive mechanism. In the baseline treatment we observe risk behavior in a given choice problem. We show that by integrating a second, asymmetrically dominated choice problem in a random incentive mechanism risk behavior can be...
Persistent link: https://www.econbiz.de/10008647679
In this paper we introduce four new learning models: impulse balance learning, impulse matching learning, action-sampling learning, and payof-sampling learning. With this models and together with the models of self-tuning EWA learning and reinforcement learning, we conduct simulations over 12...
Persistent link: https://www.econbiz.de/10003850391
Experiments on choice under risk typically involve multiple decisions by individual subjects. The choice of mechanism … hypothesis or the independence axiom. We report two experiments with 710 subjects. Experiment 1 provides the first simple test of …
Persistent link: https://www.econbiz.de/10009160793
risk aversion) in experiments. Higher-order risk compensations are defined within the proper risk apportionment model of …
Persistent link: https://www.econbiz.de/10009124807
Understanding how physicians respond to incentives from payment schemes is a central concern in health economics research. We introduce a controlled laboratory experiment to analyse the influence of incentives from fee-for-service and capitation payments on physicians’ supply of medical...
Persistent link: https://www.econbiz.de/10009126083
According to the harmonic sequence paradox (Blavatskyy 2006), an expected utility decision maker's willingness-to-pay for a gamble whose expected payoffs evolve according to the harmonic series is finite if and only if his marginal utility of additional income becomes zero for rather low payoff...
Persistent link: https://www.econbiz.de/10009244380
There is a large literature showing that willingness-to-accept (WTA) is usually much higher than willingness-to-pay (WTP) in empirical studies although they should be roughly equal according to traditional economic theory. A second stream of literature shows that people are typically ambiguity...
Persistent link: https://www.econbiz.de/10009269976
questionnaire is the more adequate measure of individual risk attitudes for the analysis of behaviour in economic (lab)experiments …
Persistent link: https://www.econbiz.de/10010247341