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For-profit hospitals in California contract out services much more intensely than either public hospitals or private nonprofit hospitals. To explain why, we build a model in which the outsourcing decision is a trade-off between net revenues and some nonmonetary benefit to the manager, which we...
Persistent link: https://www.econbiz.de/10015246235
For-profit hospitals in California contract out services much more intensely than either private nonprofit or public hospitals. To explain why, we build a model in which the outsourcing decision is a trade-off between net revenues and some non-monetary benefit to the manager, or "bias" in the...
Persistent link: https://www.econbiz.de/10015250118
For-profit hospitals in California contract out services much more intensely than either public hospitals or private nonprofit hospitals. To explain why, we build a model in which the outsourcing decision is a trade-off between net revenues and some nonmonetary benefit to the manager, which we...
Persistent link: https://www.econbiz.de/10011167234
In the behavioral industrial organization literature, market forces may not eliminate inefficiencies associated with biased consumers. Regulations usually exist that could, but we show that self-governing citizen-consumers will not always enact these welfare-improving policies. In a market for...
Persistent link: https://www.econbiz.de/10014195263
In a system of divided power, public sector agencies are an important front in the day-to-day battle for political supremacy between the executive and the legislature. The executive's key agents in this conflict are his appointees, who are observed playing two broad roles: allies, where they...
Persistent link: https://www.econbiz.de/10014217461
This note empirically analyzes how partisan control of a state's legislature alters the growth of the state's tax burden. Using two related empirical strategies, one based on instrumental variables using closely controlled legislatures and one based on regression discontinuity, I find large...
Persistent link: https://www.econbiz.de/10014217471
For-profit hospitals in California contract out to a much greater extent than either public hospitals or private nonprofit hospitals. To explain why, we build a model in which the outsourcing decision is a trade-off between net revenues and “quality", any factor of interest to the hospital...
Persistent link: https://www.econbiz.de/10014161311
Why do bureaucratic principals appoint agents who hold different policy views from themselves? We posit an explanation based on the interplay between two types of agency costs: shirking on information production and policy bias. Principals employ biased agents because they shirk less. This...
Persistent link: https://www.econbiz.de/10014161869
We examine the effect of the Family and Medical Leave Act (FMLA) on the relationship between fertility rates and promotion of women . We combine OPM data on the careers of U.S. federal civil servants with Centers for Disease Control and Prevention natality data on the average number of children...
Persistent link: https://www.econbiz.de/10014126090
The primary motivation for retirement savings policy is the view that many of us, if left to our own devices, will not save enough for retirement. Special tax subsidies for employer-sponsored retirement plans — a principal component of the federal policy scheme — have made such plans the...
Persistent link: https://www.econbiz.de/10013019967