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Excessive herding in the laboratory : the role of intuitive judgments

March, Christoph; Ziegelmeyer, Anthony - 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/10011789104

Error prone inference from response time : the case of intuitive generosity

Recalde, María P.; Riedl, Arno; Vesterlund, Lise - 2014

selfish. Examining public good games researchers have shown that fast decision makers appear more generous than slow decision … slow decision makers, these differences are not significant for fast decision makers. Fast decision makers are in both …

Persistent link: https://www.econbiz.de/10010412857

A panel data study of physicians labor supply : the case of Norway

Baltagi, Badi H.; Bratberg, Espen; Holmås, Tor Helge - 2003

Physicians are key personnel in a sector which is important due to its size as well as the quality of service it … provides. We estimate the labor supply of physicians employed at hospitals in Norway, using personnel register data merged with … other public records. A dynamic labor supply equation is estimated using a sample of 1303 physicians observed over the …

Persistent link: https://www.econbiz.de/10011506478

Physician density and infant mortality : a semiparametric analysis of the returns to health care provision

Liebert, Helge; Mäder, Beatrice - 2018

This paper investigates the effect of physicians on infant mortality, stillbirths and the incidence of common childhood … endogeneity of health care supply is addressed by using the expulsion of Jewish physicians from health insurance schemes by the … control function approach. Our results indicate that the marginal returns to physicians are highly nonlinear and decreasing. …

Persistent link: https://www.econbiz.de/10011898604

Competition and physician behaviour : does the competitive environment affect the propensity to issue sickness certificates?

Brekke, Kurt R.; Holmås, Tor Helge; Monstad, Karin; … - 2017

Competition among physicians is widespread, but compelling empirical evidence on the impact on service provision is …

Persistent link: https://www.econbiz.de/10011734380

Physicians and the production of health : returns to health care during the mortality transition

Liebert, Helge; Mäder, Beatrice - 2022

Persistent link: https://www.econbiz.de/10013177111

Selling reputation when going out of business : presented at CEFifo Area Conference on Industrial Organisation, March 2004

Hakenes, Hendrik; Peitz, Martin - CESifo Area Conference on Industrial Organisation … - 2004

Is the reputation of a firm tradeable when the previous owner has to retire even though ownership change is observable? We consider a competitive market in which a share of owners must retire in each period. New owners, observing only recent profits, bid for the firms on sale. Customers are...

Persistent link: https://www.econbiz.de/10011449475

Strategic interaction in the market for physician services : the treadmill effect in a fixed budget system

Benstetter, Franz; Wambach, Achim - 2001

We examine the strategic interaction in the market for physician services when the total budget for reimbursement is fixed. We show that this prospective payment system involves { compared to a fee-for-service remuneration system { a severe coordination problem, which potentially leads to the...

Persistent link: https://www.econbiz.de/10011398025

Wages anatomy : labor supply of nurses and a comparison with physicians

Andreassen, Leif; Di Tommaso, Maria Laura; Strøm, Steinar - 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/10010436536

Do medical doctors respond to economic incentives?

Andreassen, Leif; Di Tommaso, Maria Laura; Strøm, Steinar - 2012

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/10009533960