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retirement before the termination of the contract. When retirement is an event which occurs exogenously and information is … workers who will retire early (the "bad" workers) from applying for these jobs. Secondly, we endogenize the retirement … the "bad" workers. These asymmetries in the information lead to an excess of retirement compared to the full information …
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retirement before the termination of the contract. When retirement is an event which occurs exogenously and information is … workers who will retire early (the 'bad' workers) from applying for these jobs. Secondly, we endogenize the retirement … the 'bad' workers. These asymmetries in the information lead to an excess of retirement compared to the full information …
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We analyze the rationale for official authorization of patient dumping in the prospectivepayment policy framework. We show that when the insurer designs the healthcare payment policy to let hospitals dump high-cost patients, there is a trade-off between the disutility of dumped patients (changes...
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