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Cost sharing represents a well-established tool for the control of health care demand in many Oecd countries. However, it is used with caution and in combination with other instruments in order to avoid potential negative impacts on access to essential health care services. Waiting lists and...
Persistent link: https://www.econbiz.de/10013113687
We study the evolution of trading strategies in double auctions as the size of the market gets larger. When the number of buyers and sellers is balanced, Fano et al. (2011) show that the choice of the order-clearing rule (simultaneous or asynchronous) steers the emergence of fundamentally...
Persistent link: https://www.econbiz.de/10013123931
In this paper we present a model of tax compliance with heterogeneous agents who maximize their individual utility based on income and the conjectured level of per capita public expenditure. We formally include psychological drivers in this model. These drivers affect individual behavior, such...
Persistent link: https://www.econbiz.de/10013098364
In this paper we present a macroeconomic microfounded framework with heterogeneous agents -- households, firms, banks -- which interact through a decentralized matching process presenting common features across four markets -- goods, labor, credit and deposit. We study the dynamics of the model...
Persistent link: https://www.econbiz.de/10013099194
We develop an agent-based model in which heterogenous and boundedly rational agents interact by trading a risky asset at an endogenously set price. Agents are endowed with balance sheets comprising the risky asset as well as cash on the asset side and equity capital as well as debt on the...
Persistent link: https://www.econbiz.de/10013103562
This paper develops a model of land use in a growing community on the urban fringe and uses it to explore the spatial patterns and time path of development. The model is an agent-based model (ABM) of housing and land markets that includes as agents farmer/landowners, a developer who buys land...
Persistent link: https://www.econbiz.de/10013104862
Based on a closed agent-based macroeconomic simulation model (Eurace@Unibi) this paper analyzes whether the density of social networks influences via referrals the residual wage inequality in different skill groups. It is shown that an increase in network density leads to a polarization of firms...
Persistent link: https://www.econbiz.de/10013085596
Replication is a critical element of the scientific process. This paper is an effort to contribute to the slowly growing literature concerning the replication of Agent-Based Computational Models. We present a replication of Kollman, Miller & Page's (1997) model of Tiebout sorting. In that model,...
Persistent link: https://www.econbiz.de/10013070281
The aim of this paper is to investigate the relationship between increasing inequality and financial fragility in an agent based macroeconomic model. We analyse the effects of a non-linear relationship between wealth and consumption on the evolution of the economic system. Preliminary results...
Persistent link: https://www.econbiz.de/10013072814
Status beliefs link social distinctions, such as gender and race, to assumptions about competence and social worth. Recent modeling work in status construction theory suggests that interactions in small, task focused groups can lead to the spontaneous emergence and diffusion of such beliefs in...
Persistent link: https://www.econbiz.de/10013015231