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In this paper, we drop the symmetry assumption in a model of first price procurement auction. We consider the case of two groups of bidders whose costs are drawn from two different uniform distributions. Conditions of existence of a common minimum bid are exhibited and bayesian equilibrium...
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This article analyzes the properties of the so-called « T2A » DRG-based hospital payment policy implemented in France since 2004. The limits of this policy, whose aim is to induce productive efficiency, are studied in the first part. It is shown that serious drawbacks come from the lack of...
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