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Incentive Compatibility and Efficiency in the contractual Insurer-Provider Relationship: Economic Theory and practical Implications: The Case of North Carolina

Schmid, Andreas - Volkswirtschaftliche Fakultät, … - 2007

The paper is concerned with the efficient organization of contractual relationships between health insurers and providers. An introduction to relevant aspects of contract theory is followed by their adaptation to the characteristics of the health care system. The focus lies on an ex ante...

Persistent link: https://www.econbiz.de/10008574266

Vertical Integration and Fuel Diversity in Electricity Generation – a theoretical study in imperfect competition

Fristrup, Peter; Klinge Jacobsen, Henrik - Volkswirtschaftliche Fakultät, … - 2005

This paper contains an analysis of stylised natural gas and electricity supply sectors. Power plants operate either on natural gas or on a competing fuel – e.g. oil. The competing fuel is assumed to be traded at world market price whereas natural gas is sold by a national monopoly. The paper...

Persistent link: https://www.econbiz.de/10011258577

Schemat arbitrażowy Nasha, a podział zysków w bilateralnym monopolu kopalni węgla brunatnego i elektrowni. Cześć druga – zastosowania w negocjacjach strategicznych i taktycznych...

Jurdziak, Leszek - Volkswirtschaftliche Fakultät, … - 2006

or competition, rational arguments or rational threats, maximization of joint profits or only their own. …

Persistent link: https://www.econbiz.de/10005260247

The Demand for Tailored Goods and the Theory of the Firm

Thiele, Veikko - Volkswirtschaftliche Fakultät, … - 2007

The transaction cost theory predicts that firms are inclined to vertically integrate transactions in response to the specificity of their required inputs. Yet, reality proves that some firms engage in repeated transactions with external suppliers aimed at procuring highly specific inputs. To...

Persistent link: https://www.econbiz.de/10005835408

The competitive impact of hypermarket retailers on gasoline prices

Zimmerman, Paul R. - Volkswirtschaftliche Fakultät, … - 2009

gasoline prices. The empirical results suggest a robust, economically (and statistically) significant effect of increased … competition from hypermarkets. Furthermore, the results also suggest that refiners’ lower the delivered wholesale prices charged … turn translates to lower retail (street) prices. The presence of a state motor fuel sales-below-cost (SBC) law may lessen …

Persistent link: https://www.econbiz.de/10008545948

Outsourcing and Vertical Integration in a Competitive Industry

Ciliberto, Federico; Panzar, John - Volkswirtschaftliche Fakultät, … - 2009

We develop a partial equilibrium, perfectly competitive framework of a (potentially) vertically integrated industry. There are three types of firms: upstream firms that use primary factors to produce an intermediate; downstream firms that use primary factors and intermediates to produce a final...

Persistent link: https://www.econbiz.de/10008549609

Vertical Integration and Patent Licensing in Upstream and Downstream Markets

Bouguezzi, Fehmi; EL ELJ, Moez - Volkswirtschaftliche Fakultät, … - 2009

The present paper studies and compares different vertical integration structures on consumers and total surplus with licensing by mean of a fixed fee in two successive homogeneous-good Cournot duopolies where one of the firms in each market has a different cost-reducing innovation. The key...

Persistent link: https://www.econbiz.de/10008470468

Successive Monopolies with Endogenous Quality

Zenger, Hans - Volkswirtschaftliche Fakultät, … - 2009

This paper analyzes the impact of vertical integration on product quality. Contrary to previous findings, it is shown that integration decreases quality in many natural situations. In general, the direction of the quality change is governed by three effects that are isolated in the model. This...

Persistent link: https://www.econbiz.de/10004980393

Strategic Vertical Separation

Sloev, Igor - Volkswirtschaftliche Fakultät, … - 2009

The paper explores incentives for strategic vertical separation of firms in a framework of a simple duopoly model. Each firm chooses either to be a retailer of its own good (vertical integration) or to sell its good through an independent exclusive retailer (vertical separation). In the latter...

Persistent link: https://www.econbiz.de/10005037745

Influence of structure and ownership of lignite opencast mine and power plant bilateral monopoly on its operation

Jurdziak, Leszek - Volkswirtschaftliche Fakultät, … - 2006

Lignite mine and power plant can operate as two separate entities, two entities in one holding or joint venture and as the one vertically integrated energy producer. Each of these solutions has the influence on operation of this tandem including realization of its individual and joint...

Persistent link: https://www.econbiz.de/10005621675

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