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Bootstrapping methods have so far been rarely used to evaluate spatial data sets. Based on an extensive Monte Carlo study we find that also for spatial, cross-sectional data, the wild bootstrap test proposed by Davidson and Flachaire (2008) based on restricted residuals clearly outperforms...
Persistent link: https://www.econbiz.de/10010239512
The traditional approach to estimate spatial models bases on a preconceived spatial weights matrix to measure spatial interaction among locations. The a priori assumptions used to define this matrix are supposed to be in line with the "true" spatial relationships among the locations of the...
Persistent link: https://www.econbiz.de/10012172405
factors could improve advice quality. Besides advisor competition and identifiability we add the possibility for clients to … make a voluntary payment, a bonus, after observing advice quality. We observe a positive effect on the rate of truthful … identifiabilitiy (leading to several client-advisor interactions over the course of the game) or competition (allowing one advisor to …
Persistent link: https://www.econbiz.de/10011530053
We explore how competition between physicians affects medical service provision. Previous research has shown that …, without competition, physicians deviate from patient-optimal treatment under payment systems like capitation and fee …-for-service. While competition might reduce these distortions, physicians usually interact with each other repeatedly over time and only …
Persistent link: https://www.econbiz.de/10011549697
power have incentives to create insurance markets. Insurer competition will push their profits to zero but markets do not … insurance markets. Insurer competition eliminates profits but not the loss size to uninsured consumers. This provides an …
Persistent link: https://www.econbiz.de/10011456744
the effects of medical insurance and competition in the guise of free choice of physician, including observability of … consult more often and physicians overtreat more often than in the baseline condition. Competition decreases overtreatment … compared to the baseline and patients therefore consult more often. When the two institutions are combined, competition is …
Persistent link: https://www.econbiz.de/10011490343
stylized way, we study the effects of medical insurance and competition in the guise of free choice of physician. Medical … physicians overtreat more often than in the baseline condition. Competition decreases overtreatment compared to the baseline and … patients therefore consult more often. When the two institutions are combined, competition is found to partially offset the …
Persistent link: https://www.econbiz.de/10010413597
power have incentives to create insurance markets. Insurer competition will push their profits to zero but markets do not … insurance markets. Insurer competition eliminates profits but not the loss size to uninsured consumers.This provides an …
Persistent link: https://www.econbiz.de/10012936210
We study how competition between physicians affects the provision of medical care. In our theoretical model physicians … responsiveness to the provided quality of care and their state of health. We test the behavioral predictions derived from this model … in a controlled laboratory experiment. In line with the model, we observe that competition significantly improves patient …
Persistent link: https://www.econbiz.de/10013186168
factors could improve advice quality. Besides advisor competition and identifiability we add the possibility for clients to … make a voluntary payment, a bonus, after observing advice quality. We observe a positive effect on the rate of truthful … (leading to several client-advisor interactions over the course of the game) or competition (allowing one advisor to have …
Persistent link: https://www.econbiz.de/10011697162