11,353 research outputs found

    Yardstick Competition when Quality is Endogenous: The Case of Hospital Regulation

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    In many countries hospital regulation undergoes fundamental change. In reaction to steadily increasing costs, authorities switch from cost of service regulation to prospective payment systems (PPS). While it seems clear that this new scheme sets strong cost saving incentives, this is not so clear for quality provision. As a matter of fact, everything hinges on the prices the regulator sets. Figuring out optimal prices is, however, a difficult task, be- cause the regulator faces serious informational limitations. The literature largely ignores this problem and points to Shleifer's (1985) yardstick compe- tition for a solution. Yardstick competition, however, ignores quality issues. This paper fills this gap in the literature and shows that endogenizing qual- ity changes the results of yardstick competition substantially. Quality will be zero and cost reduction efforts can be heavily distorted. In general, a simpler version of yardstick competition average cost pricing turns out to be more favorable, though not perfect.Yardstick Competition, Regulation, Hospital Market

    ER-mitochondria contacts: Actin dynamics at the ER control mitochondrial fission via calcium release.

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    The formin-like protein INF2 is an important player in the polymerization of actin filaments. In this issue, Chakrabarti et al. (2018. J. Cell Biol. https://doi.org/10.1083/jcb.201709111) demonstrate that INF2 mediates actin polymerization at the endoplasmic reticulum (ER), resulting in increased ER-mitochondria contacts, calcium uptake by mitochondria, and mitochondrial division

    The stress energy tensor of a locally supersymmetric quantum field on a curved spacetime

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    For an analogon of the free Wess-Zumino model on Ricci flat spacetimes, the relation between a conserved `supercurrent' and the point-separated improved energy momentum tensor is investigated and a similar relation as on Minkowski space is established. The expectation value of the latter in any globally Hadamard product state is found to be a priori finite in the coincidence limit if the theory is massive. On arbitrary globally hyperbolic spacetimes the `supercurrent' is shown to be a well defined operator valued distribution on the GNS Hilbertspace of any globally Hadamard product state. Viewed as a new field, all n-point distributions exist, giving a new example for a Wightman field on that manifold. Moreover, it is shown that this field satisfies a new wave front set spectrum condition in a non trivial way.Comment: 100 pages, PhD Thesis, LaTeX2e + AMS-LaTeX, 5 figures appended as uuencoded ps-file

    Towards electron transport measurements in chemically modified graphene: The effect of a solvent

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    Chemical functionalization of graphene modifies the local electron density of the carbon atoms and hence electron transport. Measuring these changes allows for a closer understanding of the chemical interaction and the influence of functionalization on the graphene lattice. However, not only chemistry, in this case diazonium chemistry, has an effect on the electron transport. Latter is also influenced by defects and dopants resulting from different processing steps. Here, we show that solvents used in the chemical reaction process change the transport properties. In more detail, the investigated combination of isopropanol and heating treatment reduces the doping concentration and significantly increases the mobility of graphene. Furthermore, the isopropanol treatment alone increases the concentration of dopants and introduces an asymmetry between electron and hole transport which might be difficult to distinguish from the effect of functionalization. The results shown in this work demand a closer look on the influence of solvents used for chemical modification in order to understand their influence

    Yardstick Competition when Quality is Endogenous: The Case of Hospital Regulation

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    In many countries hospital regulation undergoes fundamental change. In reaction to steadily increasing costs, authorities switch from cost of service regulation to prospective payment systems (PPS). While it seems clear that this new scheme sets strong cost saving incentives, this is not so clear for quality provision. As a matter of fact, everything hinges on the prices the regulator sets. Figuring out optimal prices is, however, a difficult task, be- cause the regulator faces serious informational limitations. The literature largely ignores this problem and points to Shleifer's (1985) yardstick compe- tition for a solution. Yardstick competition, however, ignores quality issues. This paper fills this gap in the literature and shows that endogenizing qual- ity changes the results of yardstick competition substantially. Quality will be zero and cost reduction efforts can be heavily distorted. In general, a simpler version of yardstick competition average cost pricing turns out to be more favorable, though not perfect
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