infonet-economy

There is growing interest in discrete-choice experiment (DCE) as a method to elicit consumers' preferences in the health care sector. Increasingly this method is used to determine willingness to pay (WTP) for health-related goods. However, its external validity in the health care domain has not been investigated until now. This paper examines the external validity of DCE...

This paper analyzes the relationship between the diffusion of new technologies and the decentralization of firms. Centralized control relies on the information of the principal, which we equate with publicly available information. Decentralized control, on the other hand, delegates authority to a manager with superior information. However, the manager can use her informational...

Recent developments, including the analysis of firm-level adjustment to falling trade costs, have contributed to a revival of interest in intra-industry trade (IIT). Most empirical work still relies on the standard Grubel–Lloyd measure. This however refers only to international trade, disregarding income flows stimulated by repatriated profits of multinational firms. Given the...

Awards are non-material, extrinsic compensation taking the form of orders, medals, decorations and prizes. They have been widely used in monarchies and republics, private organizations, not-for-profit and profit-oriented firms. Nevertheless, they have so far not received much attention. This paper develops empirically testable hypotheses, analysing the determinants of the supply of...

Given the rising importance of the global media and the relative unwillingness of democratic publics to accept casualties in war, decision makers have increasingly relied on the strategic dissemination of rhetoric in order to justify military engagements. They "talk intervention", that is, they justify foreign engagements in terms of an emerging global norm that finds the...

Bei Untersuchungen zu Kostenvorteilen von MC werden meist einzelne Massnahmen isoliert betrachtet. Um aussagestarke Ergebnisse zu erhalten, braucht es Untersuchungen, bei denen
die Gesamteffekte von Massnahmen den Gesamtkosten gegenübergestellt werden. Ein weiterer Aspekt mit Forschungsbedarf ist die Qualität: Verbesserte Qualitätsmessungen würden nicht nur MC zugute kommen,...

Die Bedeutung des Risikostrukturausgleichs ist aus gesundheitsökonomischer Sicht zumindest im schweizerischen Kontext unbestritten. Soll am System der Einheitsprämien und am Kassenwettbewerb festgehalten werden, braucht es einen befriedigenden Risikostrukturausgleich (RSA). Sonst besteht die Gefahr, dass volkswirtschaftlich unerwünschte Risikoselektion in grösserem Mass auftritt und...

This chapter describes how economic theory (and experience) of the demand for insurance predicts that risk-averse individuals purchase coverage if available at so-called fair premiums, which amount to no more than the expected value of the loss to be covered. In the case of health, additional fi nancial means (provided by coverage) may be even more important when a person is ill than...

This paper revisits the debate on the red herring, viz. the claim that population ageing will not have a significant impact on health care expenditure (HCE). It decomposes HCE into seven components, includes both survivors and deceased individuals, and estimates a two-part model of the demand for health care services, using a large Swiss data set for 1999. It finds no or weak age...