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CINCH - Forschungszentrum für Gesundheitsökonomik

Upcoming Events

CINCH Academy (April 01 - April 07, 2019)

Application Deadline: February 1, 2019

Montags Seminar

22.01.2019

Am Montag, den  28. Januar 2019, 14:00 - 15:30 Uhr, wird Sebastian Fleitas (KU Leuven) seine Forschung vorstellen:

Dynamic Competition and Price Regulation when Consumers Have Inertia: Evidence from Medicare Part D

When consumer choices have inertia, firms have incentives to use dynamic pricing by first reducing the price to build a large market share, and then by increasing prices. This strategy may reduce consumer welfare through increases in the prices for incumbents, while also changing the patterns of entry and exit in the market. Although the presence of inertia in health care markets has been well established, little is known about the welfare implications of dynamic pricing in these markets. In order to assess these implications, in this paper I develop and estimate a dynamic model of supply and demand for Medicare Part D prescription drug insurance plans, where multi-product firms consider consumer inertia in their decisions about premiums, o fferings of new plans, and exit of plans. Using the model and the estimated parameters, I conduct counterfactual exercises where I explore the welfare e ffects of a policy that limits dynamic pricing by imposing fixed markups. I find that this policy, given the actual consumer inertia present in this market, would improve consumer welfare by 3.1%, through a reduction in premiums that is partially o ff-set by a reduction of entry into the market. When the same policy is implemented in a counterfactual scenario without inertia, it has a larger positive e ffect, increasing consumer welfare by 9.4% relative to the benchmark. This di erence indicates that policies that limit dynamic pricing can be more eff ective in improving consumer welfare in markets with lower levels of consumer inertia, where they are less likely to harm market entry.

Raum: WST-C.02.12, Weststadttürme Berliner Platz 6-8, Essen

Mehr Informationen finden Sie hier.


Montags Seminar

16.01.2019

Am Montag, den 21. Dezember 2019, 14:00 - 15:30 Uhr, wird Nina Schwarz (Universität Duisburg-Essen) ihre Forschung vorstellen:

Sewerage Systems and the Infant Welfare Movement - Effects on Infant Mortality in Prussia

We analyse the impact of sewerage systems in Prussia on infant mortality by marital status of the mother. Using purposely digitised information on canalisations and administrative data on infant mortality, we find that the introduction of sewerage systems reduced infant mortality rates among children born out of wedlock by 12.5 deaths per 1,000 live births (12.7 per cent). For in-wedlock births, the reduction is one order of magnitude smaller; which suggests that canalisations contributed to a reduction in the socioeconomic gradient in child health. We further consider complementarities with milk depots, another public health intervention introduced in cities at around the same time, and find that the two interventions reinforced each other in their effects on infant health

Raum: WST-C.02.12, Weststadttürme Berliner Platz 6-8, Essen

Mehr Informationen finden Sie hier.


Montags Seminar

11.12.2018

Am Montag, den 17. Dezember 2018, 14:00 - 15:30 Uhr, wird Søren R. Kristensen (Imperial College London) seine Forschung vorstellen:

Financial Penalties for Readmissions in the English NHS

Health care reforms aiming to improve the quality of hospital care by paying bonuses for higher quality have largely proven unsuccessful. In 2011, the English National Health Service introduced a policy that aimed to reduce emergency readmissions through financial penalties for readmissions. We analyse the intended and unintended effects of the penalty reform using controlled segmented regression. Hospitals responded to the reform by increasing length of stay of emergency admissions but readmission rates did not decrease, and the volume of elective activity was unintendedly reduced. Financial penalties for performance had unintended consequences for health care without achieving their intended aim.

Raum: WST-C.02.12, Weststadttürme Berliner Platz 6-8, Essen

Mehr Informationen finden Sie hier.