Optimizing gas entry-exit capacity utilization under uncertainty. [PDF]
Comput Manag SciMarkhorst B +3 more
europepmc +1 more source
Monopolistic competition in general equilibrium: Beyond the CES [PDF]
We propose a general model of monopolistic competition and derive a complete characterization of the market equilibrium using the concept of Relative Love for Variety.
Evgeny Zhelobodko +3 more
core
The RAND Journal of Economics, EarlyView.ABSTRACT A platform matches a unit mass of sellers, each owning a single product of heterogeneous quality, to a unit mass of buyers with differing valuations for unit‐quality. After matching, sellers make take‐it‐or‐leave‐it price‐offers to buyers. Initially, valuations of buyers are only known to them and the platform, but sellers make inferences from
Daniele Condorelli, Balazs Szentes
wiley +1 more source
From Policy to Politics: Is there a Nordic Model for the regulation of alcohol and gambling? [PDF]
Nordisk Alkohol NarkMarionneau V +3 more
europepmc +1 more source
Dynamic Pricing With Recommendation and Consumer Feedback
The RAND Journal of Economics, EarlyView.ABSTRACT A long‐lived seller sells a new product of unknown value by offering prices and recommendations to short‐lived consumers in continuous time. The seller receives consumer feedback about the product at a rate that increases with the instantaneous sales volume.
Wenji Xu, Shuoguang Yang
wiley +1 more source
The impacts of the national volume-based procurement policy on the chronic disease medication market in China's public hospitals: a case study of medications for diabetes. [PDF]
BMC Health Serv ResWang B +7 more
europepmc +1 more source
The Political Economy of Patent Buyouts
The RAND Journal of Economics, EarlyView.ABSTRACT Incentivizing innovation through buyouts may alleviate the social costs associated with patent power, but the political economy and feasibility of this potentially important financing mechanism have been understudied. We study an international setting of countries with different innovation and financing capabilities, and where financing ...
Amal Ahmad +2 more
wiley +1 more source
The High Cost of American Health Care: Understanding the Deeper Roots of the Crisis. [PDF]
Health Care AnalChang CF, Mirvis DM, Mahmood A.
europepmc +1 more source
Stable Price Dispersion under Heterogeneous Buyer Consideration
The RAND Journal of Economics, EarlyView.ABSTRACT We study the pricing of homogeneous products sold to customers who consider different sets of suppliers. We identify prices that are stable in the sense that no firm wishes to undercut a rival or to raise its price when rivals are able to respond by offering special deals.
David P. Myatt, David Ronayne
wiley +1 more source
Strategic purchasing of oncology drugs to improve affordability and access to cancer care in India. [PDF]
Lancet Reg Health Southeast AsiaChokshi M, Garg O.
europepmc +1 more source