Publications des institutions partenaires

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Competition among health plans: a two-sided market approach

We set up a two-sided market framework to model competition between a Prefered Provider Organization (PPO) and a Health Maintenance Organization (HMO). Both health plans compete to attract policyholders on one side and providers on the other. The PPO, which is characterized by a higher diversity of providers, attracts riskier policyholders. Our two-sided framework allows us to...

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English / 01/01/2010

The logit-response dynamics

We develop a characterization of stochastically stable states for the logit-response learning dynamics in games, with arbitrary specification of revision opportunities. The result allows us to show convergence to the set of Nash equilibria in the class of best-response potential games and the failure of the dynamics to select potential maximizers beyond the class of exact potential...

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English / 01/01/2010

BMI distribution/social stratification in Swiss conscripts from 1875 to present

Background/Objectives:We aimed to extend the actual overweight discussion with new unbiased Swiss conscript data from 2005 to 2006, and to present for the first time Swiss data on body mass index (BMI) before 1950 and for the late-nineteenth century.Subjects/Methods:For this study, 19-year-old Swiss male conscripts (draft army; Cantons Bern, Zurich, Basel-Stadt and Basel-Land) from...

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English / 01/01/2010

Eyes are on us, but nobody cares: are eye cues relevant for strong reciprocity?

Strong reciprocity is characterized by the willingness to altruistically reward cooperative acts and to altruistically punish norm-violating, defecting behaviours. Recent evidence suggests that subtle reputation cues, such as eyes staring at subjects during their choices, may enhance prosocial behaviour. Thus, in principle, strong reciprocity could also be affected by eye cues. We...

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English / 01/01/2010

Self-selection models for public and private sector job satisfaction

We discuss a class of copula-based ordered probit models with endogenous switching. Such models can be useful for the analysis of self-selection in subjective well-being equations in general, and job satisfaction in particular, where assignment of regressors may be endogenous rather than random, resulting from individual maximization of well-being. In an application to public and...

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English / 01/01/2010

F&E-Zusammenarbeit von Hochschulen und Unternehmen

Die Wirtschaft am Standort Schweiz steht in einem intensiven
internationalen Innovationswettbewerb. Eine gute Zusammenarbeit zwischen Hochschulen und Unternehmen im Bereich Forschung und Entwicklung (F&E)ist dabei besonders wichtig, damit die sich bietenden Chancen genutzt
werden können. Allerdings sind damit auch Probleme verbunden
– insbesondere im Umgang mit...

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Deutsch / 01/01/2010

Do red herrings swim in circles? Controlling for the endogeneity of time to death

Studies on the effect of ageing on health care expenditure (HCE) have revealed the importance of controlling for time-to-death (TTD). These studies, however, are subject to possible endogeneity if HCE influences the remaining life expectancy. This paper introduces a 10-year observation period on monthly HCE, socioeconomic characteristics and survivor status to first predict TTD and...

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English / 01/01/2010

Monotone comparative statics with separable objective functions

The sum of a supermodular function, assumed nondecreasing in the choice variable, and of a 'concavely supermodularizable' function, assumed nonincreasing in the parameter variable, satisfies the Milgrom-Shannon (1994, Monotone comparative statics, Econometrica 62, 157-180) single crossing condition. As an application, I prove existence of a pure strategy Nash equilibrium in...

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English / 01/01/2010

How syndicate short sales affect the informational efficiency of IPO prices and underpricing

When a company goes public, it is standard practice that the underwriting syndicate allocates more shares than are issued. The underwriter thus holds a short position that it commonly fills by aftermarket trading when market prices fall or, when prices rise, by executing the so-called overallotment option. This option is a standard feature of initial public offering (IPO)...

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English / 01/01/2010

Hypothesis testing in econometrics

This article reviews important concepts and methods that are useful for hypothesis testing. First, we discuss the Neyman-Pearson framework. Various approaches to optimality are presented, including finite-sample and large-sample optimality. Then, we summarize some of the most important methods, as well as resampling methodology, which is useful to set critical values. Finally, we...

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English / 01/01/2010

Landscape amenities and local development: a review of migration, regional economic and hedonic pricing studies

With rapid urban expansion and loss of open space, attractive local landscapes will continue to gain
importance in location decisions and on political agendas. The present study reviews the evidence on the local economic role of landscape amenities from two major strands of empirical research, migration and regional economic models, and hedonic pricing models. Following common...

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English / 01/01/2010

The role of contralesional dorsal premotor cortex after stroke as studied with concurrent TMS-fMRI

Contralesional dorsal premotor cortex (cPMd) may support residual motor function following stroke. We performed two complementary experiments to explore how cPMd might perform this role in a group of chronic human stroke patients. First, we used paired-coil transcranial magnetic stimulation (TMS) to establish the physiological influence of cPMd on ipsilesional primary motor cortex (...

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English / 01/01/2010

Effects of parietal TMS on somatosensory judgments challenge interhemispheric rivalry accounts

Interplay between the cerebral hemispheres is vital for coordinating perception and behavior. One influential account holds that the hemispheres engage in rivalry, each inhibiting the other. In the somatosensory domain, a seminal paper claimed to demonstrate such interhemispheric rivalry, reporting improved tactile detection sensitivity on the right hand after transcranial magnetic...

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English / 01/01/2010

Rewarding feedback after correct visual discriminations has both general and specific influences on visual cortex

Reward can influence visual performance, but the neural basis of this effect remains poorly understood. Here we used functional magnetic resonance imaging to investigate how rewarding feedback affected activity in distinct areas of human visual cortex, separating rewarding feedback events after correct performance from preceding visual events. Participants discriminated oriented...

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English / 01/01/2010

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