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The aim of this article is to present fundamental aspects of the concept of e-health. The article presents some e-health approaches covered in the international literature, and some examples of good practice which were developed over the years.
Persistent link: https://www.econbiz.de/10004997847
One of the challenges of the post-dot-com bubble era that many organizations are facing is being asked to deliver more with little or no budget increase in order to improve the bottom line. In addition, in the wake of the recent corporate accounting scandals, new regulations have been put into...
Persistent link: https://www.econbiz.de/10010614453
This paper investigates collective denial and willful blindness in groups, organizations and markets. Agents with anticipatory preferences, linked through an interaction structure, choose how to interpret and recall public signals about future prospects. Wishful thinking (denial of bad news) is...
Persistent link: https://www.econbiz.de/10010293122
We argue for incorporating the financial economics of market microstructure into the financial econometrics of asset return volatility estimation. In particular, we use market microstructure theory to derive the cross-correlation function between latent returns and market microstructure noise,...
Persistent link: https://www.econbiz.de/10010303673
Extreme adverse selection arises when private information has unbounded support, and market breakdown occurs when no trade is the only equilibrium outcome. We study extreme adverse selection via the limit behavior of a financial market as the support of private information converges to an...
Persistent link: https://www.econbiz.de/10011390606
Recent studies suggest that the type of strategic environment or expectation feedback can have a large impact on whether the market can learn the rational fundamental price. We present an experiment where the fundamental price experiences large unexpected shocks. Markets with negative...
Persistent link: https://www.econbiz.de/10010326550
We define path-dependency as the generic phenomenon according to which agents take an action regardless of their private information. Path-dependency can be of two types contingent on whether agents act with the crowd (herding) or against the crowd (contrarianism). We consider a quote-driven...
Persistent link: https://www.econbiz.de/10010333875
We provide several generalizations of Mailath's (1987) result that in games of asymmetric information with a continuum of types incentive compatibility plus separation implies differentiability of the informed agent's strategy. The new results extend the theory to classic models in finance such...
Persistent link: https://www.econbiz.de/10010334081
Persistent link: https://www.econbiz.de/10010334745
In a financial market where agents trade for short-term profit and where news can increase the uncertainty of the public belief, there are strategic complementarities in the acquisition of private information and, if the cost of information is sufficiently small, a continuum of equilibrium...
Persistent link: https://www.econbiz.de/10011599394