Narrow search
Showing 1 - 10 of 87
Cover Image
Wages Anatomy. Labor Supply of Nurses and a Comparison with Physicians
Andreassen, Leif - 2014
are young (less than physicians), but there is also a weak tendency of higher mobility again when they are approaching … physicians). These low elasticities shadow for stronger responses, shifting labor away from part time jobs in the public and … physicians the impact is stronger …
Persistent link: https://www.econbiz.de/10013040495
Cover Image
A Probability Approach to Pharmaceutical Demand and Price Setting : Does the Identity of the Third-Party Payer Matters for Prescribing Doctors?
Dalen, Dag Morten - 2011
TNF-alpha inhibitors represent one of the most important areas of biopharmaceuticals by sales, with three blockbusters accounting for 8 per cent of total pharmaceutical sale in Norway. Novelty of the paper is to examine, with the use of a unique natural policy experiment in Norway, to what...
Persistent link: https://www.econbiz.de/10013118139
Cover Image
Competition and Physician Behaviour : Does the Competitive Environment Affect the Propensity to Issue Sickness Certificates?
Brekke, Kurt Richard - 2017
Competition among physicians is widespread, but compelling empirical evidence on the impact on service provision is …
Persistent link: https://www.econbiz.de/10012944981
Cover Image
Do Medical Doctors Respond to Economic Incentives?
Andreassen, Leif; Di Tommaso, Maria L.; Strøm, Steinar - 2021
A longitudinal analysis of married physicians labor supply is carried out on Norwegian data from 1997 to 1999. The … model utilized for estimation implies that physicians can choose among 10 different job packages which are a combination of … cut moves married physicians towards full time job packages, in particular to full time jobs in the private sector. But …
Persistent link: https://www.econbiz.de/10013315919
Cover Image
Information Markets, Elections and Contracts
Gersbach, Hans - 2011
Politicians may pander to public opinion and may renounce undertaking beneficial long-term projects. To alleviate this problem, we introduce a triple mechanism involving political information markets, reelection threshold contracts, and democratic elections. An information market is used to...
Persistent link: https://www.econbiz.de/10013130416
Cover Image
Formal Contracts, Relational Contracts, and the Threat-Point Effect
Itoh, Hideshi - 2011
Can formal contracts help resolving the holdup problem? We address this important question by studying the holdup problem in repeated transactions between a seller and a buyer in which the seller can make relation-specific investments in each period. In contrast to previous findings, we...
Persistent link: https://www.econbiz.de/10013121866
Cover Image
The Optimal Duration of Contracts
Poutvaara, Panu - 2018
We study the optimal duration of contracts in a principal-agent framework with both moral hazard and adverse selection. Agents decide on a contract-specific and non-verifiable investment. Incentive compatibility requires that initial contracts, which serve to screen the ability of newly hired...
Persistent link: https://www.econbiz.de/10012927192
Cover Image
Nitpicky Insurers and the Law of Contracts
Bourgeon, Jean-Marc - 2017
The standard economic analysis of the insured-insurer relationship under moral hazard postulates a simplistic setup that hardly explains the many features of an insurance contract. We extend this setup to include the situation that the insured was facing at the time of the accident and the...
Persistent link: https://www.econbiz.de/10012945057
Cover Image
Long-Term Employment Relations When Agents are Present Biased
Englmaier, Florian - 2016
We analyze how agents' present bias affects optimal contracting in an infinite-horizon employment setting. The principal maximizes profits by offering a menu of contracts to naive agents: a virtual contract - which agents plan to choose in the future - and a real contract which they end up...
Persistent link: https://www.econbiz.de/10012978071
Cover Image
A Theory of Crowdfunding - A Mechanism Design Approach with Demand Uncertainty and Moral Hazard
Strausz, Roland - 2016
Crowdfunding provides innovation in enabling entrepreneurs to contract with consumers before investment. Under aggregate demand uncertainty, this improves screening for valuable projects. Entrepreneurial moral hazard and private cost information threatens this benefit. Despite these threats,...
Persistent link: https://www.econbiz.de/10012979605