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The combined pressures of desintermediation, deregulation, and industrial restructuring have helped to redefine the nature and importance of bank-client relationships (Schell, 1996). Directors or treasurers of companies often recognize that their relationship is with the bank account manager,...
Persistent link: https://www.econbiz.de/10008790421
This paper focuses on the switching behaviour of sickness fund enrolees in the Swiss health insurance system. Even though the new Federal Law on Social Health Insurance (LAMal) was implemented in 1996 to promote competition among health insurers in basic insurance, there still remains large...
Persistent link: https://www.econbiz.de/10010738911
In this paper we investigate the possible presence of switching costs when consumers are offered the opportunity to change their basic health insurance provider. We focus on the specific case of Switzerland which implemented a pure form of competition in basic health insurance markets. We...
Persistent link: https://www.econbiz.de/10010898892
Project-based working is so widespread today that Luc Boltanski and Eve Chiapello (1999) go so far as to regard the project-based 'mode of justification' as a component part of the new ideology of modern capitalism. This particular set of principles is applied in the legal, educational,...
Persistent link: https://www.econbiz.de/10010820664
-world institution of the solenn oath can improve preference elicitation. Applying the social psychology theory on the oath as a truth-telling-commitment …
Persistent link: https://www.econbiz.de/10010738521
This paper offers a framework to study commitment and cooperation issues in games with multiple policymakers. To … characterized by different commitment and cooperation schemes can admit the same equilibrium outcome if certain spillover effects …, commitment and cooperation are non-trivial issues. Yet, in linear-quadratic models with multiple policymakers commitment and …
Persistent link: https://www.econbiz.de/10010738606
commitment mechanism can eliminate corruption when it is pure extortion. Otherwise, when corruption can affect allocation and the … separating equilibrium in which only the high quality firms commit is guaranteed when commitment decisions are kept secret, but … requires some conditions on firms' beliefs when commitment decisions are publicly announced. Generally, a unilateral commitment …
Persistent link: https://www.econbiz.de/10010738742
repeated cross-section ISSP data from 1997 and 2005 to consider three of measures of worker commitment. There are enormous … cross-country differences in these commitment measures, which are difficult to explain using individual- or job … associated with lower commitment to an extent, economic and civil liberties are positively correlated with worker effort and …
Persistent link: https://www.econbiz.de/10010739069
improve preference elicitation. Applying the social psychology theory on the oath as a truth-telling-commitment device, we ask …
Persistent link: https://www.econbiz.de/10010775922
This paper presents a case study of a portfolio of individual long-term insurance contracts sold by a Spanish mutual company. We describe the risk levels, the rating structure and the implied cross-subsidies on a portfolio of policies providing health, life and long-term care insurance. We show...
Persistent link: https://www.econbiz.de/10010899099