The American Economic Review, Volume 96American Economic Association., 2006 |
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Página 700
... contracts ( like the monthly and annual contract ) with p ' = 0 and pay - per - visit contracts with L ' = 0. We summarize here the results on contract choice for the case of standard prefer- ences and rational beliefs . The derivation ...
... contracts ( like the monthly and annual contract ) with p ' = 0 and pay - per - visit contracts with L ' = 0. We summarize here the results on contract choice for the case of standard prefer- ences and rational beliefs . The derivation ...
Página 705
... monthly contract cheaper rela- tive to the pay - per - visit contract , they induce users to choose flat - rate contracts . However , the HMOS in the state where the three clubs operate offer discounts either on the initiation fee only ...
... monthly contract cheaper rela- tive to the pay - per - visit contract , they induce users to choose flat - rate contracts . However , the HMOS in the state where the three clubs operate offer discounts either on the initiation fee only ...
Página 708
the monthly membership : SA , SM . for t = 12 , 24 . Attendance over Time . - Over time , monthly and annual members ... contract who do not switch to a pay - per - visit contract after the first year . Attendance of stayers in later ...
the monthly membership : SA , SM . for t = 12 , 24 . Attendance over Time . - Over time , monthly and annual members ... contract who do not switch to a pay - per - visit contract after the first year . Attendance of stayers in later ...
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agent analysis assumption auction average behavior bidder bonus rate buyer certifier choice choose coefficient column concave condition consumers consumption correlation cost cotinine countries demand denote distribution earnings effect efficient effort levels endogenous enrollment equation equilibrium estimates exchange rate expected Figure firm gamble GATT growth higher human capital impact implies incarceration income increase incumbent individual investment Jobs Journal of Economics Lemma March CPS marginal marginal cost match May/ORG measure ment mixed strategy monthly contract Nash equilibrium nomic observed optimal order flow outcomes p-value paper parameter payoff percent period players predictions preferences price vector profits Proposition quantiles regression relative supply residual residual variance risk aversion rounds sample Section skills smoking standard strategy subsidy Table tariff Theorem tion topcode users utility functions variables variance wage inequality Walrasian equilibrium welfare workers zero