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Healer or Gatekeeper? Physicians' Role Conflict When Symptoms are Non-Verifiable
Carlsen, Benedicte - 2017
Although physicians are often expected to be gatekeepers to health insurance benefits such as paid sick leave, research indicates a substantial reluctance to reject patient requests for sickness certificates. We show that private information on the patient's part creates a conflict between the...
Persistent link: https://www.econbiz.de/10012957474
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Competing with Asking Prices
Lester, Benjamin R. - 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/10013087422
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Joint Estimation of Price-Cost Margins and Union Bargaining Power for Belgian Manufacturing
Dobbelaere, Sabien - 2005
This paper extends Hall's (1988) methodology to analyse imperfections in both the product and the labour market for firms in the Belgian manufacturing industry over the period 1988-1995. We investigate the heterogeneity in price-cost mark-up and workers' bargaining power parameters among 18...
Persistent link: https://www.econbiz.de/10012785138
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A Theory of Price Adjustment Under Loss Aversion
Ahrens, Steffen - 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/10013054582
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Pricing Neighborhoods
Eshaghnia, Sadegh S. M.; Heckman, James J.; Razavi, Goya - 2023
Education in Denmark is freely available. Despite near equal teacher salaries and per-pupil school expenditure across districts, there is substantial spatial heterogeneity in school quality as measured by teacher quality and student test scores. We argue that this is due to sorting of teachers...
Persistent link: https://www.econbiz.de/10014347799
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Testing a Forgotten Aspect of Akerlof's Gift Exchange Hypothesis : Relational Contracts with Individual and Uniform Wages
Kocher, Martin G. - 2012
Empirical work on Akerlof's theory of gift exchange in labor markets has concentrated on the fair wage …-effort hypothesis. In fact, however, the theory also contains a social component that stipulates that homogenous agents that are …
Persistent link: https://www.econbiz.de/10013108598
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Validating the Collective Model of Household Consumption Using Direct Evidence on Sharing
Bargain, Olivier - 2018
Recent advances in the collective model literature suggest ways to estimate the complete allocation of resources within households, using assignable goods and assuming adult preference similarity across demographic groups (or across spouses). While it makes welfare analysis at the individual...
Persistent link: https://www.econbiz.de/10012914348
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Marital Matching, Economies of Scale and Intrahousehold Allocations
Cherchye, L. - 2016
We propose a novel structural method to empirically identify economies of scale in household consumption. We assume collective households with consumption technologies that define the public and private nature of expenditures through Barten scales. Our method recovers the technology by solely...
Persistent link: https://www.econbiz.de/10012982107
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Stable Marriage, Household Consumption and Unobserved Match Quality
Browning, Martin; Cherchye, Laurens; Demuynck, Thomas; … - 2022
We present a methodology for the structural empirical analysis of house- hold consumption and time use behaviour under marital stability. Our approach is of the revealed preference type and non-parametric, meaning that it does not require a prior functional specification of individual utilities....
Persistent link: https://www.econbiz.de/10014087463
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An Afriat Theorem for the Collective Model of Household Consumption
Cherchye, L.; De Rock, Bram; Vermeulen, Frederic - 2021
We provide a nonparametric 'revealed preference' characterization of rational household behavior in terms of the collective consumption model, while accounting for general (possibly non-convex) individual preferences. We establish a Collective Axiom of Revealed Preference(CARP), which provides a...
Persistent link: https://www.econbiz.de/10013324875