نتایج جستجو برای: Incentive problems

تعداد نتایج: 599570  

Journal: :hospital practice and research 0
philippe widmer senior health economist, polynomics ag, baslerstr. 60, 4600 olten, switzerland peter zweifel department of economics, university of zurich, switzerland

background: in 2012, switzerland changed from retrospective to prospective hospital payment based on diagnosis related groups (drgs), following the example of the united states, australia, and germany. as in these countries, the objective of this transition was to motivate hospitals to improve efficiency by making them bear financial risk to some extent.objective: this contribution seeks to fin...

Journal: :Journal of Political Economy 1997

2003
Arnoud Boot Sandro Brusco Micael Castanheira Marcello Damato Denis Gromb Luigi Guiso

This paper analyzes how scope-expansion by a bank affects its lending activity. Scope economies between activities naturally arises from an incentive problem in the lending business. It shows that the sale of multiple product can impede banks to credibly commit to penalize borrowers in default. Thus, borrowers are more likely to face soft budget constraint. It finds that a more competitive envi...

2010
Matthias Messner Nicola Pavoni Christopher Sleet

Many separable dynamic incentive problems have primal recursive formulations in which utility promises serve as state variables. We associate families of dual recursive problems with these by selectively dualizing constraints. We make transparent the connections between recursive primal and dual approaches, relate value iteration under each and give conditions for such value iteration to be con...

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