15,382 research outputs found
Does the Doctor Need a Boss?
The traditional model of medical delivery, in which the doctor is trained, respected, and compensated as an independent craftsman, is anachronistic. When a patient has multiple ailments, there is no longer a simple doctor-patient or doctor-patient-specialist relationship. Instead, there are multiple specialists who have an impact on the patient, each with a set of interdependencies and difficult coordination issues that increase exponentially with the number of ailments involved. Patients with multiple diagnoses require someone who can organize the efforts of multiple medical professionals. It is not unreasonable to imagine that delivering health care effectively, particularly for complex patients, could require a corporate model of organization. At least two forces stand in the way of robust competition from corporate health care providers. First is the regime of third-party fee-for-service payment, which is heavily entrenched by Medicare, Medicaid, and the regulatory and tax distortions that tilt private health insurance in the same direction. Consumers should control the money that purchases their health insurance, and should be free to choose their insurer and health care providers. Second, state licensing regulations make it difficult for corporations to design optimal work flows for health care delivery. Under institutional licensing, regulators would instead evaluate how well a corporation treats its patients, not the credentials of the corporation's employees. Alternatively, states could recognize clinician licenses issued by other states. That would let corporations operate in multiple states under a single set of rules and put pressure on states to eliminate unnecessarily restrictive regulations
"Bargaining and Fixed Price Offers: How Online Intermediaries are Changing New Car Transactions"
The Internet has introduced a variety of online buying services that expand the reach of sellers and reduce search costs for buyers. In markets in which traditional outlets establish prices through bargaining, these online intermediaries have also altered the price setting process. Perhaps the most well known example is Autobytel.com which provides referral services in the automobile market. By using Autobytel, a buyer can obtain a non-negotiable price offer as an alternative to bargaining with a car dealership. To understand the effect of online referral systems on the price setting process, we construct a theoretical model of oligopolistic price competition in which one dealership has an exclusive contract with a referral intermediary. We derive market conditions under which the fixed price offered through the referral system will or will not be lower than offline (bargained) prices. Our model provides theoretical insights relevant to results in the empirical literature addressing the role that Autobytel and other infomediaries play in online markets.online markets, E-commerce, intermediary, autobytel, pricing
"To Sponsor or not to Sponsor: Sponsored Search Auctions with Organic Links"
In 2010 sponsored search advertisements generated over $12 billion in revenue for search engines in the US market and accounted for 46% of online advertising revenue. A substantial portion of this revenue was generated by the sale of search keywords using auction mechanism. We analyze a game-theoretic model to understand the interplay between organic and sponsored links in keyword auctions. Our model allows both the relevance of the advertising firm as well as the position of its sponsored link to impact click-through-rates. Our results demonstrate how the presence of organic links (links generated by the search engine algorithm) may lead to either more or less aggressive bidding for sponsored link positions depending on consumers attitudes toward sponsored links and the extent to which sponsored and organic links are complements or substitutes. In contrast to equilibrium results in existing literature, the firm with the highest value per click does not necessarily win the first spot in the sponsored search listing. It also may be optimal for a firm to bid an amount greater than the expected value (or sale) from a click.sponsored search, organic search, online advertising, keyword auction
A biologically inspired computational model of the Block Copying Task
We present in this paper a biologically inspired model of the Basal Ganglia which deals with Block Copying as a sequence learning task. By breaking a relatively complex task into simpler operations with well-defined skills, an approach which is termed as a skill-based machine design is used in the device of computational models to complete such tasks. Basal Ganglia are critically involved in sensorimotor control. From the learning aspects, Actor-Critic architectures have been proposed to model the Basal Ganglia and Temporal difference has been proposed as a learning algorithm. The model is implemented and simulation results are presented to show the capability of our model to successfully complete the task
Simultaneous ferromagnetic metal-semiconductor transition in electron-doped EuO
We present a general framework to describe the simultaneous
para-to-ferromagnetic and semiconductor-to-metal transition in electron-doped
EuO. The theory correctly describes detailed experimental features of the
conductivity and of the magnetization, in particular the doping dependence of
the Curie temperature. The existence of correlation-induced local moments on
the impurity sites is essential for this description.Comment: 4 pages, 4 figures, Phys. Rev. Lett., published version; different
behavior of Gd impurities and O defects clarifie
Broadbanding Brunswick: High-speed broadband and household media ecologies
New research from the University of Melbourne and Swinburne University has found that 82% of households in the NBN first release site of Brunswick, Victoria, think the NBN is a good idea. The study, Broadbanding Brunswick: High-speed Broadband and Household Media Ecologies, examines the take-up, use and implications of high-speed broadband for some of its earliest adopters. It looks at how the adoption of high-speed broadband influences household consumption patterns and use of telecoms. The survey of 282 Brunswick households found there had been a significant uptake of the NBN during the course of the research. In 2011, 20% of households were connected to the NBN and in 2012 that number had risen to 34%. Families, home owners, higher income earners and teleworkers were most likely to adopt the NBN. Many NBN users reported paying less for their monthly internet bills, with 49% paying about the same. In many cases those paying more (37%) had elected to do so.Download report: Broadbanding Brunswick: High-speed Broadband and Household Media Ecologies [PDF, 2.5MB] Download report: Broadbanding Brunswick: High-speed Broadband and Household Media Ecologies [Word 2007 document, 5MB
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