Showing 1 - 10 of 304
This paper studies the effect of hospital ownership on treatment rates allowing for spatial correlation among hospitals …. Competition among hospitals and knowledge spillovers generate significant externalities which we try to capture using the spatial … hospital ownership on treatment rates that depends upon the market structure where the hospital is located and which varies by …
Persistent link: https://www.econbiz.de/10010250127
We show theoretically and empirically that executives are paid less for their own firm's performance and more for their rivals' performance if an industry's firms are more commonly owned by the same set of investors. Higher common ownership also leads to higher unconditional total pay. We...
Persistent link: https://www.econbiz.de/10011561142
limitations of the available data, and the potential implications of common ownership for competition in Australia. …
Persistent link: https://www.econbiz.de/10012507267
Persistent link: https://www.econbiz.de/10003612755
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
firms compete in all-pay auctions with complete information, silent shareholdings introduce asymmetric externalities into the all-pay auction framework. If the strongest firm owns a large share in the second strongest firm, this may make the strongest firm abstain from bidding. As a consequence,...
Persistent link: https://www.econbiz.de/10002856729
death), hospital utilization, and medical expenditure in Greece during the period 1995 - 2010. The estimates indicate that … increases in the number of hospital days. Real per capita pharmaceutical expenditure increased rapidly during this period, but … 62% of the increase in pharmaceutical expenditure was offset by a reduction in hospital expenditure attributable to …
Persistent link: https://www.econbiz.de/10010473542
Concentrated ownership of large listed companies is widespread throughout the world, and Germany is typical in this respect. This paper proposes a method of distinguishing empirically between the beneficial and harmful effects of ownership concentration, and applies it to German data. The...
Persistent link: https://www.econbiz.de/10009781688
We analyse the effect of competition on quality in hospital markets with regulated prices, considering both the effect … of (i) introducing competition (monopoly versus competition) and (ii) increasing competition through lower transportation … structure, we show that the relationship between competition and quality is generally ambiguous. In contrast to the received …
Persistent link: https://www.econbiz.de/10003850156
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/10009377790