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Do hospitals respond to increasing prices by supplying fewer services?
Salm, Martin; Wübker, Ansgar - 2015
Medical providers often have a significant influence on treatment decisions which they can use in their own financial interest. Classical models of supplier-induced demand predict that medical providers will supply fewer services if they face increasing prices. We test this prediction based on a...
Persistent link: https://www.econbiz.de/10011308552
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Search frictions on product and labor markets : money in the matching function
Lehmann, Etienne (contributor);  … - 2007
selling their production and this affects their decisions to create jobs. Due to search-frictions on the product market …
Persistent link: https://www.econbiz.de/10003578815
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The impact of insufficient sleep on the serial reproduction of information
Dickinson, David L.; Drummond, Sean P. A. - 2024
Story telling is part of life, and the retelling of stories is an important form of communication, cultural practice …
Persistent link: https://www.econbiz.de/10014486994
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First-place loving and last-place loathing : how rank in the distribution of performance affects effort provision
Gill, David; Kissová, Zdenka; Lee, Jaesun; Prowse, … - 2015
Rank-order relative-performance evaluation, in which pay, promotion and symbolic awards depend on the rank of workers in the distribution of performance, is ubiquitous. Whenever firms use rank-order relative-performance evaluation, workers receive feedback about their rank. Using a real-effort...
Persistent link: https://www.econbiz.de/10011308986
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Concern for relative standing and deception
Galanis, Spyros; Vlassopoulos, Michael - 2014
We report results from a sender-receiver deception game, which tests whether an individual's decision to deceive is influenced by a concern for relative standing in a reference group. The sender ranks six possible outcomes, each specifying a payoff for him and the receiver. A message is then...
Persistent link: https://www.econbiz.de/10010404042
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Agency and communication in IMF conditional lending : theory and empirical evidence
Marchesi, Silvia; Sabani, Laura; Dreher, Axel - 2009
the countries' authorities, openness, and transparency, consistently with the theory. -- IMF conditionality ; delegation … ; communication ; panel data …
Persistent link: https://www.econbiz.de/10003817754
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Sorting through cheap talk : theory and evidence from a labor market
Horton, John J.; Johari, Ramesh; Kircher, Philipp - 2024
In a labor market model with cheap talk, employers can send messages about their willingness to pay for higher-ability workers, which job-seekers can use to direct their search and tailor their wage bid. Introducing such messages leads - under certain conditions - to an informative separating...
Persistent link: https://www.econbiz.de/10014545251
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The impact of trade liberalization on firms' product and labor market power
Dobbelaere, Sabien; Wiersma, Quint - 2020
This paper examines the impact of trade liberalization on firms' product and labor market power. We estimate the prevalence and intensity of firm-level price-cost markups and either wage markups or wage markdowns. We take the dependence between these model-consistent measures of product and...
Persistent link: https://www.econbiz.de/10012169328
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Competing with asking prices
Lester, Benjamin; Visschers, Ludo; Wolthoff, Ronald - 2013
In many markets, sellers advertise their good with an asking price. This is a price at which the seller is willing to 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...
Persistent link: https://www.econbiz.de/10009696885
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A theory of price adjustment under loss aversion
Ahrens, Steffen; Pirschel, Inske; Snower, Dennis J. - 2014
We present a new partial equilibrium theory of price adjustment, based on consumer loss aversion. In line with prospect … theory, the consumers' perceived utility losses from price increases are weighted more heavily than the perceived utility … an otherwise standard dynamic neoclassical model of monopolistic competition. The resulting theory of price adjustment is …
Persistent link: https://www.econbiz.de/10010350414