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Average-cost pricing and dynamic selection incentives in the hospital sector
Kifmann, Mathias; Siciliani, Luigi - 2014
framework. Patients differ in severity within a DRG. Providers are to some extent altruistic. For low altruism, a downward … spiral of prices is possible which induces hospitals to focus on low-severity cases. For high altruism, dynamic price … adjustment depends on relation between patients’ severity and benefit. In a steady state, DRG prices are unlikely to give optimal …
Persistent link: https://www.econbiz.de/10010412307
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(In-)equality of opportunity, fairness, and distributional preferences
Fehr, Dietmar; Müller, Daniel; Preuß, Marcel - 2022
This paper examines how perceived importance of family background affect distributional pref-erences using two large-scale survey experiments. In the first experiment, we randomly inform respondents about the relationship between parental income and economic success later in life, which renders...
Persistent link: https://www.econbiz.de/10013411680
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The fundamental properties, stability and predictive power of distributional preferences
Fehr, Ernst; Epper, Thomas; Senn, Julien - 2023
Parsimony is a desirable feature of economic models but almost all human behaviors are characterized by vast individual variation that appears to defy parsimony. How much parsimony do we need to give up to capture the fundamental aspects of a population's distributional preferences and to...
Persistent link: https://www.econbiz.de/10014393248
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Fairness preferences, inequality acceptance and default effects
Valasek, Justin; Vorjohann, Pauline; Wang, Weijia - 2024
An influential subset of the literature on distributional preferences studies how preferences condition on information about workers’ characteristics, such as their relative productivity. In this study we confirm that there are default effects when such conditional fair-ness preferences are...
Persistent link: https://www.econbiz.de/10015048991
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Electoral uncertainty, fiscal policies & growth : theory and evidence from Germany, the UK and the US
Oikonomidēs, Geōrgios; Malley, James R.; … - 2003
economic growth. The model is estimated using quarterly data for Germany, the UK and the US from 1960 to 1999. Our econometric …
Persistent link: https://www.econbiz.de/10011511068
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A public good version of the collective household model : an empirical approach with an application to British household data
Klaveren, Chris Van (contributor);  … - 2008
Persistent link: https://www.econbiz.de/10003630663
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Privatising network industries
Newbery, David M. G. - 2004
Persistent link: https://www.econbiz.de/10011402670
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The UK's privatisation experiment : the passage of time permits a sober assessment
Parker, David - 2004
This chapter looks at the UK s privatisation experiment, which began from the late 1970s. It considers the background … to the UK s privatisations, which industries were privatised and how, and summarises the results of studies of … performance changes in privatised companies in the UK. It looks at the relative roles of competition, regulation and ownership …
Persistent link: https://www.econbiz.de/10011402692
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Whot voted for Brexit? : a comprehensive district-level analysis
Becker, Sascha O.; Fetzer, Thiemo; Novy, Dennis - 2017
On 23 June 2016, the British electorate voted to leave the European Union. We analyze vote and turnout shares across 380 local authority areas in the United Kingdom. We find that exposure to the EU in terms of immigration and trade provides relatively little explanatory power for the referendum...
Persistent link: https://www.econbiz.de/10011646454
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Immigration, unemployment and wages : new causality evidence from the United Kingdom
Tunali, Çiğdem Börke; Fidrmuc, Jan; Campos, Nauro - 2017 - This version: April 4, 2017
The vast literature on the effects of immigration on wages and employment is plagued by likely endogeneity and aggregation biases. Ours is among the first papers to address both of these issues by means of causality analysis and by accounting for human capital endowments. Our analysis confirms...
Persistent link: https://www.econbiz.de/10011646817