Results 71 to 80 of about 3,043,182 (218)
Optimal Healthcare Contracts: Theory and Empirical Evidence
Journal of Economics &Management Strategy, EarlyView.ABSTRACT In this paper, we investigate the contracts offered by a large healthcare purchaser to health service providers. Contracts are based on the DRG principle that all hospitalizations in a diagnosis group are reimbursed at the same rate. This principle is relaxed in practice, as in several cases, the amount reimbursed within each DRG exhibits ...
Paolo Berta +2 more
wiley +1 more source
The Nash Equilibrium requires strong cooperation [PDF]
Contrary to the customary view that the celebrated Nash-equilibrium theorem in Game Theory is paradigmatic for non-cooperative games, it is shown that, in fact, it is essentially based on a particularly strong cooperation assumption.
Rosinger, Elemer Elad
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Journal of Economics &Management Strategy, EarlyView.ABSTRACT This paper examines how a retailer's strategic decision to remain uninformed about market demand can influence outcomes in vertical markets. Rather than treating information acquisition as a straightforward cost‐benefit calculation, we show that staying deliberately ignorant may serve as a strategic commitment device that softens upstream ...
Peter Habiger, Michael Kopel
wiley +1 more source
A Re-Interpretation of Nash Equilibrium Based on the Notion of Social Institutions [PDF]
We define social institutions as strategies in some repeated game. With this interpretation in mind, we consider the impact of introducing requirements on strategies which have been viewed as necessary properties for any social institution to endure. The
Guilherme Carmona
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Financial Constraints, Wages, and Macroeconomic Implications
Journal of Money, Credit and Banking, EarlyView.Abstract This paper investigates how firm‐level financial constraints affect individual wages and aggregate labor market dynamics during financial recessions. We derive testable predictions from competing theoretical mechanisms and assess them empirically using German administrative worker data matched to firm balance sheets. Embedding these microlevel
HAMZEH ARABZADEH +2 more
wiley +1 more source
Equilibrium Solution in a Game between a Cooperative and its Members [PDF]
In the paper a game-theoretical model is set up to describe the conflict situation in which the members of a marketing cooperative may take advantage of an external market price, higher than that offered by the cooperative.
Antonino Scarelli +3 more
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Make or Buy Decisions and Data Sharing
The Journal of Industrial Economics, EarlyView.ABSTRACT Firms can share data to discover potential synergies between their data sets and algorithms, eventually leading to more efficient mergers and acquisitions (M&A) decisions. However, data sharing also modifies the competitive balance when firms do not merge, and a company may be reluctant to share data with potential rivals.
Antoine Dubus, Patrick Legros
wiley +1 more source
, 2010 This paper presents a two stage stochastic equilibrium problem with equilibrium constraints (SEPEC) model. Some source problems which motivate the model are discussed. Monte Carlo sampling method is applied to solve the SEPEC. Convergence analysis on the
Xu, Huifu, Zhang, Dali
core +1 more source
Nash Equilibrium and Robust Stability in Dynamic Games: A Small-Gain Perspective [PDF]
This paper develops a novel methodology to study robust stability properties of Nash equilibrium points in dynamic games. Small-gain techniques in modern mathematical control theory are used for the first time to derive conditions guaranteeing uniqueness
Jiang, Zhong-Ping +2 more
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Lurking Patent Claims and Strategic Royalty Contracts
The Journal of Industrial Economics, EarlyView.ABSTRACT This paper analyzes optimal licensing contracts when a licensee faces the risk of future infringement claims by unknown patent holders. In a setting where a noncompeting licensor contracts with a monopolistic manufacturer, fixed‐fee licensing is optimal absent such claims.
Jay Pil Choi
wiley +1 more source