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demand for medical care. It considers the insurance demand of different types of agents: naive individuals, individuals who … are able to commit to medical care demand and sophisticated individuals. Furthermore, it raises the question of whether …
Persistent link: https://www.econbiz.de/10010261396
This paper studies a market for a medical product in which there is perfect competition among health insurers, while the good is sold by a monopolist. Individuals differ in their severity of illness and there is ex post moral hazard. We consider two regimes: one in which insurers use coinsurance...
Persistent link: https://www.econbiz.de/10013221173
framework. We test the model’s predictions in a laboratory experiment. Both in theory and in the experiment diagnostic … uncertainty decreases the rate of efficient service provision and leads to less trade. In theory, insurance also decreases the …
Persistent link: https://www.econbiz.de/10013314966
-entry dynamics of quantities, but no post-entry dynamics of markups. This suggests that shifts in demand play an important role in … successful entry, but that firms do not use dynamic manipulation of markups as an instrument to shift demand. We structurally … advertising to acquire new customers and thereby shift demand and increase sales. In the second, they use temporarily low markups …
Persistent link: https://www.econbiz.de/10012841929
In many markets supply contracts include a series of small, regular payments made by consumers and a single, large bonus that consumers receive at some point during the contractual period. But, if for instance its production costs exceed its value to consumers, such a bonus creates...
Persistent link: https://www.econbiz.de/10012890631
framework and firm-level prices and quantities data for detailed products allowing us to both measure demand, and its changes …. This in turn allows us to measure how changes in TFP-Q, demand and markups ultimately affected revenue TFP, as well as …-recession is due to both a weakening of demand and a decreasing TFP-Q pushing down sales, markups, revenue TFP and labour …
Persistent link: https://www.econbiz.de/10013314807
Using a large-scale online experiment with more than 8,000 U.S. respondents, we examine how the demand for a politics … newsletter changes when the newsletter content is fact-checked. We first document an overall muted demand for fact-checking when …-checking reduces demand among respondents with strong ideological views and increases demand among ideologically moderate respondents …
Persistent link: https://www.econbiz.de/10013228860
information disclosure strongly decreases demand for energy efficiency, while partial information disclosure increases demand …
Persistent link: https://www.econbiz.de/10012834876
A major result in the study of two-sided platforms is the strategic interdependence between the two sides of the same platform, leading to the implication that a platform can maximize its total profits by subsidizing one of its sides. We show that this result largely depends on assuming that at...
Persistent link: https://www.econbiz.de/10012840538
This paper analyses the switch to an ACE or to a CBIT type of tax system starting from the present German tax system. We show that in case an ACE type of reform is financed by an increase in the VAT and not in the profit tax, it might be preferred to a CBIT even in the context of an open...
Persistent link: https://www.econbiz.de/10012778989