Narrow search
Showing 1 - 10 of 2,743
Cover Image
Transparency and Negotiated Prices : The Value of Information in Hospital-Supplier Bargaining
Grennan, Matthew - 2016
both absolute and relative terms for physician preference items (PPIs). Among PPIs, high-price, high-quantity hospital …
Persistent link: https://www.econbiz.de/10012456635
Cover Image
The Effect of Price Shopping in Medical Markets : Hospital Responses to PPOs in California
Gruber, Jonathan - 1992
to obtain Sleep discounts off list prices from providers. I study hospital responses to the advent of price competition … in California over the 1984-1988 period. I note that, due to the nature of hospital bargaining with PPOs, hospitals … should face more competitive pressure in hospital markets that arc more competitive ex-ante. This hypothesis is supported by …
Persistent link: https://www.econbiz.de/10012474777
Cover Image
The Role of Information in Medical Markets : An Analysis of Publicly Reported Outcomes in Cardiac Surgery
Cutler, David M. - 2004
During the past two decades, several public and private organizations have initiated programs to report publicly on the quality of medical care provided by specific hospitals and physicians. These programs have sparked broad debate among economists and policy makers concerning whether, and to...
Persistent link: https://www.econbiz.de/10012468204
Cover Image
Intermediaries in Bargaining : Evidence from Business-to-Business Used-Car Inventory Negotiations
Larsen, Bradley J.; Lu, Hengheng; Zhang, Anthony Lee - National Bureau of Economic Research - 2021
We analyze data on tens of thousands of alternating-offer, business-to-business negotiations in the wholesale used … mediating the negotiations. We find that who intermediates the negotiation matters: high-performing mediators are 22.03% more … negotiations, overcoming some of the inefficiency inherent in incomplete-information settings …
Persistent link: https://www.econbiz.de/10012616607
Cover Image
International Shocks and Domestic Prices : How Large Are Strategic Complementarities?
Amiti, Mary - 2016
How strong are strategic complementarities in price setting across firms? In this paper, we provide a direct empirical estimate of firm price responses to changes in prices of their competitors. We develop a general framework and an empirical identification strategy to estimate the elasticities...
Persistent link: https://www.econbiz.de/10012456555
Cover Image
The Information Content of International Portfolio Flows
Froot, Kenneth A. - 2001
We examine the forecasting power of international portfolio flows for local equity markets and attempt to attribute it to either better information about fundamentals on the part of international investors, or to price pressure. Price pressure is a potential explanation because flows have...
Persistent link: https://www.econbiz.de/10012470246
Cover Image
Direct-to-Consumer Advertising and Online Search
Chesnes, Matthew - 2016
Beginning in 1997, the Food and Drug Administration (FDA) allowed television advertisements to make major statements about a prescription drug, while referring to detailed drug information on the internet (FDA 1997; 2015). The hope was that consumers would seek additional information online to fully...
Persistent link: https://www.econbiz.de/10012456097
Cover Image
Do Pharmacists Buy Bayer? Informed Shoppers and the Brand Premium
Bronnenberg, Bart J. - 2014
We estimate the effect of information and expertise on consumers' willingness to pay for national brands in physically homogeneous product categories. In a detailed case study of headache remedies we find that more informed or expert consumers are less likely to pay extra to buy national brands,...
Persistent link: https://www.econbiz.de/10012458372
Cover Image
Misconduct in Credence Good Markets
Brown, Jennifer - 2012
We examine misconduct in credence good markets with price taking experts. We propose a market-level model in which price-taking experts extract surplus based on the value of their firm's brand and their own skill. We test the predictions of the model using sales complaint data for exclusive and...
Persistent link: https://www.econbiz.de/10012460054
Cover Image
The Cost of Diversity : The Diversification Discount and Inefficient Investment
Rajan, Raghuram - 1998
In a simple model of capital budgeting in a diversified firm where headquarters has limited power, we show that funds are allocated towards the most inefficient divisions. The distortion is greater the more diverse are the investment opportunities of the firm's divisions. We test these...
Persistent link: https://www.econbiz.de/10012472450