Similar Search Results

Auctions vs. Negotiations : The Effects of Inefficient Renegotiation

Herweg, Fabian - 2015

For the procurement of complex goods the early exchange of information is important to avoid costly renegotiation ex post. We show that this is achieved by bilateral negotiations but not by auctions. Negotiations strictly outperforms auctions if sellers are likely to have superior information...

Persistent link: https://www.econbiz.de/10013024680

Hospital Competition with Soft Budgets

Brekke, Kurt R.; Siciliani, Luigi; Straume, Odd Rune - CESifo - 2013

We study the incentives for hospitals to provide quality and expend cost-reducing effort when their budgets are soft, i.e., the payer may cover deficits or confiscate surpluses. The basic set up is a Hotelling model with two hospitals that differ in location and face demand uncertainty, where...

Persistent link: https://www.econbiz.de/10010604418

Assessing the Efficiency of an Insurance Provider - A Measurement Error Approach

Jametti, Mario; Ungern-Sternberg, Thomas von - CESifo - 2003

The purpose of this paper is to compare the cost efficiency of private and public property insurance providers in Switzerland. The most commonly used measure for this kind of exercise is the Claims / Premium ratio. We argue that this measure may give strongly biased results. We develop a simple...

Persistent link: https://www.econbiz.de/10005181391

One Hundred Years of Oil Income and the Iranian Economy : A Curse or a Blessing?

Mohaddes, Kamiar - 2013

1908-2010. It is shown that although oil has been produced in Iran over a very long period, its importance in the Iranian … revenues when managed appropriately are a blessing, but their volatility (which in Iran is much higher than oil price …

Persistent link: https://www.econbiz.de/10013086406

Oil Exports and the Iranian Economy

Esfahani, Hadi Salehi - 2009

effects of oil exports are taken into account, the estimates support output growth convergence between Iran and the rest of …, which could be partly due to the relatively underdeveloped nature of Iran's financial markets …

Persistent link: https://www.econbiz.de/10013154686

Illegal Trade in the Iranian Economy : Evidence from a Structural Model

Farzanegan, Mohammad Reza - 2008

index of smuggling in Iran from 1970 to 2002. The Multiple Indicators - Multiple Causes (MIMIC) econometric modelling is … incentives for illegal trade. More trade openness accompanies more illegal trade for the case of Iran. On average, the relative … size of smuggling is about 13% of the total trade in Iran. The absolute amount of smuggling per year is about $3 billion …

Persistent link: https://www.econbiz.de/10012770261

Direct Distribution of Rents and the Resource Curse in Iran : A Micro-Econometric Analysis

Farzanegan, Mohammad Reza - 2014

subsequent taxation in Iran. We use rich micro survey data covering more than 36,000 Iranian households in 2009. Our micro …

Persistent link: https://www.econbiz.de/10013051615

Political Institutions and Government Spending Behavior in Iran

Dizaji, Sajjad - 2014

development of government spending in major sections shapes the political institutions in Iran. This question has become … especially important due to recent international sanctions, aiming to change the political behavior of Iran. We use the impulse … provision spending in Iran. The results imply that a shock in positive changes of democratic quality of institutions leads to …

Persistent link: https://www.econbiz.de/10013058492

Divorce and Gold Coins : A Case Study of Iran

Farzanegan, Mohammad Reza - 2018

The increasing divorce rate has become a major social concern for policy makers in the Islamic government of Iran. The … in Iran. Dowries (Mehrieh) are usually in the form of gold coin and a wife has a legal right to them upon both parties … and divorce rate for the case of Iran over the period 1980-2014. Controlling for other factors, our regression results …

Persistent link: https://www.econbiz.de/10012924341

Oil Rents Shocks and Inequality in Iran

Farzanegan, Mohammad Reza; Krieger, Tim - 2021

We study the short and long run responses of income inequality to positive per capita oil and gas rent shocks in Iran … different channels potentially affecting the income distribution in Iran. Our analysis can help policymakers evaluate and … accommodate the possible positive or negative effects on inequality in Iran resulting from the 2016 lifting of the embargo against …

Persistent link: https://www.econbiz.de/10013315433