episode of hospitalisation. The supply-side and demand-side spending from public and private sources was taken into account … of public facilities to find supply-side government spending per hospitalisation (n = 64 facilities). Results: Taking … into account all relevant demand and supply side expenditures, the average total spending per day of hospitalisation was …

A Bayesian supply function equilibrium is characterized in a market where firms have private information about their … uncertain costs. It is found that with supply function competition, and in contrast to Bayesian Cournot competition …, competitiveness is affected by the parameters of the information structure: supply functions are steeper with more noise in the …

A finite number of sellers (n) compete in schedules to supply an elastic demand. The costs of the sellers have … uncertain common and private value components and there is no exogenous noise in the system. A Bayesian supply function …. Price-cost margins and bid shading are affected by the parameters of the information structure: supply functions are steeper …