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We examine the strategic interaction in the market for physician services when the total budget for reimbursement is fixed. We show that this prospective payment system involves { compared to a fee-for-service remuneration system { a severe coordination problem, which potentially leads to the...
Persistent link: https://www.econbiz.de/10011398025
We examine the strategic interaction in the market for physician services when the total budget for reimbursement is fixed. We show that this prospective payment system involves compared to a fee-for-service remuneration system a severe coordination problem, which potentially leads to the...
Persistent link: https://www.econbiz.de/10013321020
Consumers underestimation of the quality of remanufactured products is a barrier for remanufacturers. Online reviews … provide quality signals to consumers unaware of remanufactured products. To explore whether remanufacturers produce higher … quality products to improve their review ratings, considering the quality signalling effect of online reviews, a closed …
Persistent link: https://www.econbiz.de/10015077570
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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
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
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. While the combination of competition and reputation …. Thus, our results suggest that a voluntary component can act as a substitute for either competition or reputation …
Persistent link: https://www.econbiz.de/10011881706
We empirically model performance in the final round of a multiple-round tournament as a spatially autoregressive process, allowing us to sign and quantify the endogenous interactions between competitors. Doing so speaks to significant regularities in the data that suggest that a player's own...
Persistent link: https://www.econbiz.de/10012776336
as suggested in consumer research. On this basis, we investigate monopoly and competition between firms, described via an …
Persistent link: https://www.econbiz.de/10010270001