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algorithms with the purpose of creating incentives for an efficient and fair health care system. In this paper, we take a … the empirical context. Intervening on the data is an easy-to-use, intuitive approach for addressing economic efficiency …
Persistent link: https://www.econbiz.de/10012922211
or responsiveness to financial incentives. In the frontier literature productive efficiency is assumed to be exogenously … production, as theory has hypothesized. The number of members in a group decreases both the quantity produced and the efficiency … arrangements on productive efficiency in medical group practices. The technique employed is two-stage production frontier …
Persistent link: https://www.econbiz.de/10013224695
revisions in evaluating the neutrality of different incentives. Another point we would make is that Boadway's results depend … these important elements of the problem, general results about the neutrality of different incentives can no longer be …
Persistent link: https://www.econbiz.de/10013231001
-country and using insolvency reforms as natural experiments. Our empirical estimates suggest that a one …-standard-deviation increase in the efficiency of bankruptcy is associated with an increase in the stock of corporate bonds equal to 5% of firm …
Persistent link: https://www.econbiz.de/10013076562
and output also increase when they anticipate the score becoming available, indicating that scores improve incentives to … use existing information. Our results imply that credit scores improve the efficiency and decentralize decision-making in …
Persistent link: https://www.econbiz.de/10013063295
As multi-hospital kidney exchange clearinghouses have grown, the set of players has grown from patients and surgeons to include hospitals. Hospitals have the option of enrolling only their hard-to-match patient-donor pairs, while conducting easily arranged exchanges internally. This behavior has...
Persistent link: https://www.econbiz.de/10013130977
educator performance metrics and measures of student achievement. To mitigate incentives for coaching, incentive systems should … information about student achievement because they create no incentives for educators to take hidden actions that contaminate …
Persistent link: https://www.econbiz.de/10013131241
We study the interplay of share prices and firm decisions when share prices aggregate and convey noisy information about fundamentals to investors and managers. First, we show that the informational feedback between the firm's share price and its investment decisions leads to a systematic...
Persistent link: https://www.econbiz.de/10013121056
provision of incentives to corporate scientists, in an environment where (1) scientists engage in multiple activities when …-monetary incentives; and (4) firms compete on the product market. We show that both the degree of knowledge spillovers and of market … competition affect the incentives given to scientists, and these effects interact. First, high knowledge spillovers lead firms to …
Persistent link: https://www.econbiz.de/10013125567
incentives and limits of hard information verifiability. Using unique data where loans are based on hard information, and loan …
Persistent link: https://www.econbiz.de/10013081841