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Macroeconomic modeling when agents are imperfectly informed
De Grauwe, Paul (contributor) - 2008
Persistent link: https://www.econbiz.de/10003712532
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A social heuristics hypothesis for the stag hunt : fast- and slow-thinking hunters in the lab
Belloc, Marianna; Bilancini, Ennio; Boncinelli, Leonardo; … - 2017
interactions, players who make their choices fast and intuitively, relying on social heuristics, choose stag more often than other … Heuristics Hypothesis (Rand et al., 2012) applied to stag hunt interactions. …
Persistent link: https://www.econbiz.de/10011781462
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Heterogeneous effects of a nonlinear price schedule for outpatient care
Farbmacher, Helmut; Ihle, Peter; Schubert, Ingrid; … - 2013
Theoretical considerations suggest that nonlinear health care price schedules have heterogeneous effects on health care demand. In this paper, we develop and apply a finite mixture bivariate probit model to analyze whether there are heterogeneous reactions to the introduction of a nonlinear...
Persistent link: https://www.econbiz.de/10010212657
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Airline schedule buffers and flight delays : a discrete model
Brueckner, Jan K.; Czerny, Achim Ingo; Gaggero, Alberto A. - 2020 - Version of August, 2020
This paper revisits the airline schedule-buffer choice problem analyzed by Brueckner, Czerny and Gaggero (2020) using a simpler model where the random shocks influencing flight times are discrete rather than continuous. The analysis yields closed-form solutions for the flight and ground buffers...
Persistent link: https://www.econbiz.de/10012270584
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Prices, schedules, and passenger welfare in multi-service transportation systems
Billette de Villemeur, Étienne; Vinella, Annalisa - 2019
We consider a multi-service transportation system in which passengers are heterogeneous along two dimensions, namely ideal departure time and value of time, leading to both horizontal and vertical differentiation. We investigate the behavior of passengers, and assess how service pricing and...
Persistent link: https://www.econbiz.de/10012103986
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Airline mitigation of propagated delays : theory and empirics on the choice of schedule buffers
Brueckner, Jan K.; Czerny, Achim Ingo; Gaggero, Alberto A. - 2019
This paper presents an extensive theoretical and empirical analysis of the choice of schedule buffers by airlines. With airline delays a continuing problem around the world, such an undertaking is valuable, and its lessons extend to other passenger transportation sectors. One useful lesson from...
Persistent link: https://www.econbiz.de/10012110214
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Hospital competition and quality with regulated prices
Brekke, Kurt R.; Siciliani, Luigi; Straume, Odd Rune - 2009
We analyse the effect of competition on quality in hospital markets with regulated prices, considering both the effect …
Persistent link: https://www.econbiz.de/10003850156
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Competition and waiting times in hospital markets
Brekke, Kurt R. (contributor); Siciliani, Luigi (contributor) - 2007
Persistent link: https://www.econbiz.de/10003612755
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Average-cost pricing and dynamic selection incentives in the hospital sector
Kifmann, Mathias; Siciliani, Luigi - 2014
This study investigates hospitals’ dynamic incentives to select patients when hospitals are remunerated according to a prospective payment system of the DRG type. Given that prices typically reflect past average costs, we use a discrete-time dynamic framework. Patients differ in severity...
Persistent link: https://www.econbiz.de/10010412307
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Dynamic hospital competition under rationing by waiting times
Sá, Luís; Siciliani, Luigi; Straume, Odd Rune - 2019
We develop a dynamic model of hospital competition where (i) waiting times increase if demand exceeds supply; (ii …) patients choose a hospital based in part on waiting times; and (iii) hospitals incur waiting time penalties. We show that … to higher waiting times. These results are robust to different game-theoretic solution concepts, designs of the hospital …
Persistent link: https://www.econbiz.de/10012024415