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作者：Verboven, F
作者单位：Universite Catholique Louvain; Centre for Economic Policy Research - UK
摘要：The existing tax policies toward gasoline and diesel cars in European countries provide a unique opportunity to analyze quality-based price discrimination and the implied tax incidence. In my econometric framework, consumers choose the type of engine based on their annual mileage; prices are set by the manufacturers. The relative Pricing of gasoline and diesel cars appears to be consistent with monopolistic price discrimination, effectively segmenting low-mileage from high-mileage consumers, O...
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作者：Baker, LC; Phibbs, CS
作者单位：Stanford University; National Bureau of Economic Research
摘要：Managed care may influence technology diffusion in health care. This article empirically examines the relationship between HMO market share and the diffusion of neonatal intensive care units. Higher HMO market share is associated with slower adoption of mid-level units, but not with adoption of the most advanced high-level units. Opposite the common supposition that slowing technology growth will harm patients, results suggest that health outcomes for seriously ill newborns are better in highe...
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作者：Kessler, DP; McClellan, MB
作者单位：Stanford University; National Bureau of Economic Research
摘要：To develop new evidence on how hospital ownership and other aspects of hospital market composition affect health care productivity, we analyze longitudinal data on the medical expenditures and health outcomes of the vast majority of nonrural elderly Medicare beneficiaries hospitalized for new heart attacks over the period 1985-1996. We find that the, effects of ownership status are quantitatively important. Areas with a presence of for-profit hospitals have approximately 2.4% lower levels of h...
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作者：Åstebro, T
作者单位：University of Waterloo
摘要：Many studies have shown that firm size is the strongest and most consistent predictor of the adoption of technological innovations, but the causes for this relationship are debated. l investigate the relationships between various size measures and the adoption of computer-aided design (CAD) and computer numerically controlled (CNC) machine tools. Plant size is the dominant factor in predicting CAD and CNC adoption. Other measures such as firm size or multiplant operations have independent effe...
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作者：Das Varma, G
作者单位：Duke University
摘要：I analyze equilibrium bidding behavior in the open ascending-bid auction with identity-dependent externalities. With reciprocal externalities, the allocation is determined by bidders' consumption values alone. With large nonreciprocal externalities, the open auction generates higher expected revenue compared to standard sealed-bid auctions. The progress of the open auction reveals more information about the identity of the potential winner, allowing active bidders greater opportunity to avoid ...
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作者：Nevo, A; Wolfram, C
作者单位：University of California System; University of California Berkeley; National Bureau of Economic Research
摘要：We explore the relationship between shelf prices and manufacturers' coupons for 25 ready-to-eat breakfast cereals. We find that shelf prices are lower during periods when coupons are available. This result is inconsistent with static monopoly price discrimination under a broad range of assumptions. We present evidence that is inconsistent with both dynamic theories of price discrimination and explanations of couponing based on the vertical relationship between manufacturers and retailers. We f...
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作者：Goettler, RL; Shachar, R
作者单位：Carnegie Mellon University; Tel Aviv University
摘要：We present an empirical study of spatial competition and a methodology to estimate demand for products with unobservable characteristics. Using panel data, we estimate a discrete-choice model with latent-product attributes and unobserved heterogeneous consumer preferences. Our application of the methodology to the network television industry yields estimates that are consistent with experts' views. Given our estimates, we compute Nash equilibria of a product location game and find that firms' ...
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作者：Lopomo, G; Ok, EA
作者单位：Duke University; New York University
摘要：We consider two-person bargaining games with interdependent preferences and bilateral incomplete information. We show that in both the ultimatum game and the two-stage alternating-offers game, our equilibrium predictions are consistent with a number of robust experimental regularities that falsify the standard game-theoretic model. occurrence of disagreements, disadvantageous counteroffers, and outcomes that come close to the equal split of the pie. In the context of infinite-horizon bargainin...
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作者：de Meza, D; Webb, DC
作者单位：University of London; London School Economics & Political Science; University of Exeter
摘要：This article reverses the standard conclusion that asymmetric information plus competition results in insufficient insurance provision. Risk-tolerant individuals take few precautions and are disinclined to insure, but they are drawn into a pooling equilibrium by the low premiums created by the presence of safer more risk-averse types. Taxing insurance drives out the reckless clients, allowing a strict Pareto gain. This result depends on administrative costs in processing claims and issuing pol...
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作者：Miller, NH; Pazgal, AI
作者单位：Harvard University; Washington University (WUSTL)
摘要：In a two-stage differentiated-products oligopoly model. profit-maximizing owners first choose incentive schemes in order to influence their managers' behavior In the second stage, the managers complete either both in prices, both in quantities, or one in price and the other in quantity. If the owners have sufficient power to manipulate their managers' incentives, the equilibrium outcome ir the same regardless of how the firms compete in the second stage. If demand is linens and marginal cost i...
