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To contain healthcare cost and improve quality, there is an on-going debate regarding the impact of different reimbursement schemes on patient welfare. In this paper, we examine two commonly used reimbursement schemes: (1) a Fee-For-Service (FFS) reimbursement scheme under which health care...
Persistent link: https://www.econbiz.de/10014129109
Consider a public healthcare system consisting of a hospital, a mobile clinic (MC), and a population of potential patients. The government is concerned about the system’s healthcare spending and the population’s health outcomes. It needs to decide whether and how to provide the MC service to...
Persistent link: https://www.econbiz.de/10014029979
Consider a situation where a service provider serves two types of customers, sophisticated and naive. Sophisticated customers are well-informed of service-related information and make their joining-or-balking decisions strategically, whereas naive customers do not have such information and rely...
Persistent link: https://www.econbiz.de/10014117757
This paper examines the impact of Fee-for-Service and Bundled Payment reimbursement schemes on the social welfare, the patient revisit rate, and the patient waiting time in a three-tiered public healthcare system comprising: (a) a public funder who decides on the reimbursement rate to maximize...
Persistent link: https://www.econbiz.de/10014118726
When a patient's illness perception is inconsistent with a doctor's diagnosis result, she may seek for more doctoral opinions, a behavior called doctor shopping. Patients then update their beliefs about their health status, following the Bayes' rule. In this study, we model and derive patients'...
Persistent link: https://www.econbiz.de/10014094073
In Gentzkow and Kamenica (2014), authors introduce a payoff function of the sender so that the concavification approach, which is introduced in Kamenica and Gentzkow (2011), can be applied to the scenario with costly signals. We find that this payoff function has an error and we provide the...
Persistent link: https://www.econbiz.de/10013296298
Consider a supply chain with an original equipment manufacturer (OEM) that designs and sells an innovative product and a contract manufacturer (CM) that produces the product for the OEM under a wholesale price contract. The demand is random and its mean is unknown, which can be uncovered, at...
Persistent link: https://www.econbiz.de/10014351590
In this paper, we study customer equilibrium as well as socially optimal strategies to join a queue with only partial information on the service time distribution such as moments and the range. Based on such partial information, customers adopt the entropy-maximization principle to obtain the...
Persistent link: https://www.econbiz.de/10009146100
We consider a three-tier supply chain consisting of an original equipment manufacturer (OEM), a contract manufacturer (CM) and a supplier. We analyze and compare three outsourcing structures that are currently implemented by top-tier OEMs: (1) inhouse consignment, under which the OEM signs...
Persistent link: https://www.econbiz.de/10008869545
Persistent link: https://www.econbiz.de/10003853465