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Measures of health status, such as e.g. the QALY (Quality Adjusted Life Years) measure, have been proposed as a tool in the economic assessment of new medical technologies, and its possible foundations in individual utility theory have been discussed in the literature. However, the problems of...
Persistent link: https://www.econbiz.de/10005749782
This paper considers allocation rules. First, we demonstrate that costs allocated by the Aumann-Shapley and the Friedman-Moulin cost allocation rules are easy to determine in practice using convex envelopment of registered cost data and parametric programming. Second, from the linear programming...
Persistent link: https://www.econbiz.de/10005749784
This paper considers generalized Lorenz-maximal solutions in the core of a convex TU-game and demonsrtates that such solutions satisfy coalitional monotonicity and population monotonicity.
Persistent link: https://www.econbiz.de/10005749796
A medical internship is mandatory for all medical students graduating from a Danish university. The internships are distributed fairly even amongst most Danish hospitals, m.a. in order to secure a steady inflow of new doctors to all regions of Denmark. When allocating the graduates to an...
Persistent link: https://www.econbiz.de/10005749993
Many studies have attempted to explain estimated inefficiency, for instance by bounded rationality, ignorance, lack of incentives or motivation etc. However, the presence of inefficiency remains in conflict with the neo-classical idea of economic rationality. This paper suggests ways in which...
Persistent link: https://www.econbiz.de/10005548331
Persistent link: https://www.econbiz.de/10005123007
Recent studies have tested the preference axioms of completeness and transitivity, and have detected other preference phenomena such as unstability, learning- and tiredness effects, ordering effects and dominance, in stated preference discrete choice experiments. However, it has not been...
Persistent link: https://www.econbiz.de/10005233005
The present paper considers rationing problems interpreted as e.g. bankruptcy problems or taxation problems. We demonstrate that among the continuous and order-preserving rationing methods, theproportional method is the only rationing method that preserves inequality in both gains and losses.
Persistent link: https://www.econbiz.de/10005233006
This paper considers allocation rules. First, we demonstrate that costs allocated by the Aumann-Shapley and the Friedman-Moulin cost allocation rules are easy to determine in practice using convex envelopment of registered cost data and parametric programming. Second, from the linear programming...
Persistent link: https://www.econbiz.de/10005236802
Persistent link: https://www.econbiz.de/10005287809