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This paper explores the differences that can exist between individual and aggregate loss guarantees in an environment where guarantees are only provided at an aggregate level. The focus is on understanding which traffic parameters are responsible for inducing possible deviations and to what...
Persistent link: https://www.econbiz.de/10009439223
generated by aggregation ratherthan derived from stable individual preferences. …
Persistent link: https://www.econbiz.de/10009444758
In this paper we show that value-added mark-ups tend to be pro-cyclical in manufacturing and counter-cyclical in market services. However, at the sectoral level value-added mark-ups may be misinterpreted if intermediate input variations are ignored. This is particularly true in the case of the...
Persistent link: https://www.econbiz.de/10012530066
as to the acceptability of spatial aggregation in hedonic property value models. Both statistical tests and tests based … upon prediction errors are performed in order to identify the circumstances under which aggregation is statistically … importance of specification and functional form as determinants of both the acceptability of aggregation and predictive power …
Persistent link: https://www.econbiz.de/10009431197
theory to the market for outpatient surgical procedures in order to compare the entry and exit patterns of firms in a mature …, our results extend niche overlap theory to settings in which two different organizational forms compete and demonstrate …
Persistent link: https://www.econbiz.de/10009439058
Standard Data Envelope Analysis models result in a large fraction of the observations becoming 100 percent efficient. The article measures the technical efficiency of 25 district referral hospitals from three regions of Uganda over the 1999-2003 period. It applies a super-efficiency Data...
Persistent link: https://www.econbiz.de/10009467518
This dissertation consists of three essays on health economics. Lack of incentive to protect asset has been one of the theoretical explanations for the limited private long-term care insurance market. State long-term care insurance partnership program allows policy holders to protect a certain...
Persistent link: https://www.econbiz.de/10009476536
Persistent link: https://www.econbiz.de/10004504125
This dissertation consists of two essays concerning the determination of wages across areas. The first essay investigates the equilibrium relationship between wages and prices across labor markets. Of central interest is the extent to which workers receive higher wages to compensate for...
Persistent link: https://www.econbiz.de/10009463385
As networks improve and new services emerge, questions arise that affect service deployments and network choices. The Internet is arguably a successful example of a network shared by many services. However, combining heterogeneous services on the same network need not always be the right answer,...
Persistent link: https://www.econbiz.de/10009438861