Showing 1 - 10 of 10
Abstract This study presents a model of optimal contracting for health services in the presence of excess demand and waiting times. We assume that: i) hospitals differ in their demand for treatment; ii) potential demand is private information of the provider; iii) specialists can dump patients;...
Persistent link: https://www.econbiz.de/10014587625
." I test for inefficient rationing by examining whether the reservation wages of employed unskilled workers in states … allocated less efficiently. However, even if rationing is efficient, the minimum wage can still entail other efficiency costs (e …
Persistent link: https://www.econbiz.de/10014587660
Purpose – Program budgeting and marginal analysis (PBMA) is a priority setting approach that assists decision makers with allocating resources. Previous PBMA work establishes its efficacy and indicates that contextual factors complicate priority setting, which can hamper PBMA effectiveness....
Persistent link: https://www.econbiz.de/10014872567
Purpose – The aims of this paper are to explore the experiences of budget holders within the English National Health Service (NHS), in their attempts to implement programmes of disinvestment, and to consider factors which influence the success (or otherwise) of this activity....
Persistent link: https://www.econbiz.de/10014872887
Purpose – The purpose of this paper is to provide an overview of the Tausch- or barter-centers that existed in Germany during the 1940s. These small but unique platforms for the exchange of consumer durables represent an almost unknown chapter in economic history. This contribution aims to...
Persistent link: https://www.econbiz.de/10014873429
message strategies used by brands in response to shortages, zoning and pooling. Findings While rationing has been discussed at … about rationing, shortages, zoning and pooling, the latter three also caused brands to apologise, look to the future and …-making. Originality/value This is the first research to explore the impact of forms of control other than rationing on advertising during …
Persistent link: https://www.econbiz.de/10014873479
Purpose – The purpose of this paper is to investigate the determinants of agricultural credit rationing by formal … Heckman's two-stage regression model to identify types of rationing faced by farmers and investigate factors that influence … agricultural credit rationing by formal financial institutions. Data used in this study are gathered through a survey of 595 …
Persistent link: https://www.econbiz.de/10014667312
Abstract Time-consuming and costly religious rituals pose a puzzle for economists committed to rational choice theories of human behavior. We propose that either through selection or a causal relationship, the performance of religious rituals is associated with higher levels of cooperation. To...
Persistent link: https://www.econbiz.de/10014587616
Abstract Results of multi-party bargaining are usually described by concepts from cooperative game theory, in particular by the core. In one-on-one matching, core allocations are stable in the sense that no pair of unmatched or otherwise matched players can improve their incomes by forming a...
Persistent link: https://www.econbiz.de/10014609913
Abstract Several regulatory authorities have recently allowed competing network operators to co-invest in network infrastructure. With the use of a laboratory experiment, we investigate the impact of co-investments on competition in regulated network industries, particularly in comparison to...
Persistent link: https://www.econbiz.de/10014618878