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A Simple Model of Health Insurance Competition
Kemnitz, Alexander - 2010
This paper investigates competition between health insurance companies under different financing regulations. We … consider two alternatives advanced in recent German health care reform discussions: competition by contribution rates (health … contributions) and by fees (health premia). We find that contribution rate competition yields lower company profits and higher …
Persistent link: https://www.econbiz.de/10013136650
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Making the World a Better Place : Consumers' Group Identity in the Markets with Competition and Two-Sided Opportunism
Kanniainen, Vesa - 2016
competition and the group effect support the profits of firms with a high ethical code. Paradoxically, a strong group identity …
Persistent link: https://www.econbiz.de/10012993694
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Two-Sided Markets with Pecuniary and Participation Externalities
Schmidtke, Richard - 2021
point of view perfect competition is not always desirable …
Persistent link: https://www.econbiz.de/10013317490
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Selling Strategic Information in Digital Competitive Markets
Bounie, David - 2018
broker therefore strategically sells partial information on consumers in order to soften competition between firms. Extending …
Persistent link: https://www.econbiz.de/10012914903
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Price vs. Quantity Competition in a Vertically Related Market Revisited
Basak, Debasmita - 2017
In a recent paper, Alipranti et al. (2014, Price vs. quantity competition in a vertically related market, Economics … Letters, 124: 122-126) show that in a vertically related market Cournot competition yields higher social welfare compared to … Bertrand competition if the upstream firm subsidises the quantity setting downstream firm's production via negative wholesale …
Persistent link: https://www.econbiz.de/10012965632
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Targeted Campaign Competition, Loyal Voters, and Supermajorities
Boyer, Pierre; Roberson, Brian - 2017
We consider campaign competition in which candidates compete for votes among a continuum of voters by engaging in … to the vote-share maximizing game. If the candidates are symmetric ex ante, both types of electoral competition dissipate …
Persistent link: https://www.econbiz.de/10012956898
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Competing with Asking Prices
Lester, Benjamin R. - 2016
In many markets, sellers advertise their good with an asking price. This is a price at which the seller will take his good off the market and trade immediately, though it is understood that a buyer can submit an offer below the asking price and that this offer may be accepted if the seller...
Persistent link: https://www.econbiz.de/10012986936
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Market Power and Welfare in Asymmetric Divisible Good Auctions
Manzano, Carolina - 2020
We analyze a divisible good uniform-price auction that features two groups each with a finite number of identical bidders and present conditions under which a unique privately revealing equilibrium exists. We derive novel comparative static results highlighting that increases in transaction...
Persistent link: https://www.econbiz.de/10012854716
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Excessive Herding in the Laboratory : The Role of Intuitive Judgments
March, Christoph - 2018
We designed four observational learning experiments to identify the key channels that, along with Bayes-rational inferences, drive herd behavior. In Experiment 1, unobserved, whose actions remain private, learn from the public actions made in turn by subjects endowed with private signals of...
Persistent link: https://www.econbiz.de/10012924978
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A Signaling Model of University Selection
Anic, Ivan; Bozin, Vladimir; Urosevic, Branko - 2021
We propose a signaling model of student enrollment dynamics based on probabilities of completion of studies, under different rationality assumptions. There are two types of students and two schools. School of graduation serves as a signal of student productivity to prospective employers. The...
Persistent link: https://www.econbiz.de/10013315508