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Incentive Compatible Reimbursement Schemes for Physicians

Emons, Winand - C.E.P.R. Discussion Papers - 2010

We consider physicians with fixed capacity levels. If a physician's capacity exceeds demand, she may have an incentive to overtreat, i.e., she may provide unnecessary treatments to use up idle capacity. By contrast, with excess demand she may undertreat, i.e., she may not provide necessary...

Persistent link: https://www.econbiz.de/10008468555

Do Consumers Care About How Prices Are Set?

Courty, Pascal; Pagliero, Mario - C.E.P.R. Discussion Papers - 2007

Using a survey approach, we ask consumers to reveal their preferences over pricing schemes that may differ in terms of the average price of consumption, the amount of price variation, and the probability of being rationed. We find that consumers dislike pricing schemes that vary prices more but...

Persistent link: https://www.econbiz.de/10005504691

Matched Fundraising: Evidence from a Natural Field Experiment

Huck, Steffen; Rasul, Imran - C.E.P.R. Discussion Papers - 2010

We present evidence from a natural field experiment designed to shed light on the efficacy of fundraising schemes in which donations are matched by a lead donor. In conjunction with the Bavarian State Opera House, we mailed 14,000 regular opera attendees a letter describing a charitable...

Persistent link: https://www.econbiz.de/10008680761

Comparing Charitable Fundraising Schemes: Evidence from a Natural Field Experiment and a Structural Model

Huck, Steffen; Rasul, Imran; Shephard, Andrew - C.E.P.R. Discussion Papers - 2013

We present evidence from a natural field experiment and structural model designed to shed light on the efficacy of alternative fundraising schemes. In conjunction with the Bavarian State Opera, we mailed 25,000 opera attendees a letter describing a charitable fundraising project organized by the...

Persistent link: https://www.econbiz.de/10011084280

Charitable Giving and Nonbinding Contribution-level Suggestions: Evidence from a Field Experiment

Adena, Maja; Huck, Steffen; Rasul, Imran - C.E.P.R. Discussion Papers - 2014

When asking for donations, charitable organizations often suggest a potential amount to contribute. However, the evidence concerning the effects of such suggestions is scarce and inconsistent. Unlike the majority of earlier studies concerned with small-money solicitations, we examine the effect...

Persistent link: https://www.econbiz.de/10011084485

Price Variation Antagonism and Firm Pricing Policies

Courty, Pascal; Pagliero, Mario - C.E.P.R. Discussion Papers - 2007

Pricing schemes that vary prices in response to demand shocks may antagonize consumers and reduce demand. At the same time, consumers may take advantage of the opportunities offered by price changes. Overall, the net impact of varying price on demand is ambiguous. We investigate the issue...

Persistent link: https://www.econbiz.de/10005656358

Does Responsive Pricing Smooth Demand Shocks?

Courty, Pascal; Pagliero, Mario - C.E.P.R. Discussion Papers - 2008

Using data from a unique pricing experiment, we investigate Vickrey’s conjecture that responsive pricing can be used to smooth both predictable and unpredictable demand shocks. Our evidence shows that increasing the responsiveness of price to demand conditions reduces the magnitude of...

Persistent link: https://www.econbiz.de/10005661936

Imperfect Tests and Natural Insurance Monopolies

Emons, Winand - C.E.P.R. Discussion Papers - 1997

This paper considers a housing insurance market in which buildings have different damage probabilities. Insurers use … imperfect tests to find out about buildings’ damage types. The insurance market is a natural monopoly. If more than one insurer …. First we show that the natural insurance monopoly need not be sustainable. Then we show that in the equilibrium industry …

Persistent link: https://www.econbiz.de/10005123854

Playing it Safe with Low Conditional Fees versus Being Insured by High Contingent Fees

Emons, Winand - C.E.P.R. Discussion Papers - 2005

Under contingent fees the attorney gets a share of the judgement; under conditional fees they get an upscale premium if the case is won, which is, however, unrelated to the adjudicated amount. We compare conditional and contingent fees in a framework where lawyers choose between a safe and a...

Persistent link: https://www.econbiz.de/10005661624

Genetic Tests and Intertemporal Screening in Competitive Insurance Markets

Emons, Winand - C.E.P.R. Discussion Papers - 2007

We consider successive generations of non-altruistic individuals carrying a good or bad gene. Daughters are more likely to carry their mother's gene than the opposite one. Competitive insurers can perform a genetic test revealing an agent's gene. They may condition their quotes on the agent's or...

Persistent link: https://www.econbiz.de/10005661858