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This paper presents the results of a revealed-choice experiment testing the theoretical predictions of a model of a mixed system of public and private finance. In the context of a mixed system of health care finance, we investigate behavioural responses to changing the public sector allocation...
Persistent link: https://www.econbiz.de/10010692364
This paper presents the results of a revealed-choice experiment testing the theoretical predictions of a model of a mixed system of public and private finance. We investigate behavioural responses in individuals’ willingnesses-to-pay for private health insurance to changes in the public sector...
Persistent link: https://www.econbiz.de/10010693375
A division rule for claims problems, also known as bankruptcy or rationing problems, based on the pseudo …
Persistent link: https://www.econbiz.de/10010759361
A government agency delegates to a provider (hospital, medical gatekeeper, school, social worker) the decision to supply a service or treatment to individual recipients. The agency does not perfectly know the distribution of individual treatment costs in the population. The single-crossing...
Persistent link: https://www.econbiz.de/10010762662
The World War I played a key role in shaping modern housing policy. While in the pre-War time virtually no housing policy existed, the beginning of hostilities led to an almost immediate and comprehensive state intervention in the housing market, particularly among those engaged in the war....
Persistent link: https://www.econbiz.de/10010783991
The presence of rationing or more generally of the situations of constrained demand can make the traditional methods of … market disequilibrium indicators or proxies which take into account rationing and incomplete information. In the second part … rationing in Poland's centrally planned economy with administrated prices in 1965-1980 period. We estimate for this period the …
Persistent link: https://www.econbiz.de/10011025581
A government agency delegates to a provider (hospital, medical gatekeeper, school, social worker) the decision to supply a service or treatment to individual recipients. The agency does not perfectly know the distribution of individual treatment costs in the population. The single-crossing...
Persistent link: https://www.econbiz.de/10011025717
Persistent link: https://www.econbiz.de/10008455951
is market-clearing. The other feasible trading institutions lead to rationing. To learn on which trading institutions to … the choice of institutions, market outcomes are determined by an equilibrium concept that allows for rationing. We find … that full coordination on the market-clearing institutions without any rationing is a stochastically stable outcome …
Persistent link: https://www.econbiz.de/10005666746
the United Kingdom, we argue that IPO underpricing is used to ensure over-subscription and rationing in the share … evidence in the paper suggests that rationing in the IPO discriminates against applicants who apply for large blocks, and that …
Persistent link: https://www.econbiz.de/10005666807