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DEA-Based Incentive Regimes in Health-Care Provision AgEcon
Agrell, Per J.; Bogetoft, Peter.
A major challenge to legislators, insurance providers and municipalities will be how to manage the reimbursement of health-care on partially open markets under increasing fiscal pressure and an aging population. Although efficiency theoretically can be obtained by private solutions using fixed-payment schemes, the informational rents and production distortions may limit their implementation. The healthcare agency problem is characterized by (i) a complex multi-input multi-output technology, (ii) information uncertainty and asymmetry, and (iii) fuzzy social preferences. First, the technology, inherently nonlinear and with externalities between factors, yield parametric estimation difficult. However, the flexible production structure in Data Envelopment...
Tipo: Working or Discussion Paper Palavras-chave: Data Envelopment Analysis; Regulation; Health care systems; Efficiency; Health Economics and Policy.
Ano: 2001 URL: http://purl.umn.edu/24182
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Cooperatives' Merger Strategies: The MD Foods - Klover Maelk Case AgEcon
Agrell, Per J.; Karantininis, Kostas.
Since March 1999 the two largest dairy cooperatives of Denmark, MD FOODS and KLOVER MAELK have merged after a long relationship ranging from joint ventures (such as the P–-AMBA and M–-AMBA companies) to various alleged price wars. We point out that the main reasons for merger from the point of view of MD FOODS were: (i) to establish monopoly power on the domestic market, (ii) to pursue an international growth strategy, (iii) to exploit rationality and coordination gains in the operations. Further, the merger counters the threat of (iv) an alleged foreign take-over of KLOVER, (v) further pressure by the Danish Competition Authority, and (vi) the increased concentration through mergers taking place in the dairy and retail industries in Europe. The...
Tipo: Working or Discussion Paper Palavras-chave: Merger; Danish dairy industry; Farm cooperatives; Agribusiness.
Ano: 1999 URL: http://purl.umn.edu/24193
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Polarity in DEA Models AgEcon
Agrell, Per J.; Bogetoft, Peter; Tind, Jorgen.
This article discusses models in data envelopment analysis (DEA) relaxing the standard convexity assumptions. The basic model treats mutually incomparable pairs of sets to be generated by a procedure proposed earlier. Each pair consists of a consumption set and a production set of feasible input-output combinations. Two fundamental operations by the procedure are based on intersection and convex hull generation in the input-output space. A polarity analysis is performed which, subject to the usual assumptions about free disposability and nonnegativity, appears fruitful to do in the framework of blocking and antiblocking sets. It is shown how this leads to an interchange of the above operations extending some classical results from convex analysis. The last...
Tipo: Working or Discussion Paper Palavras-chave: Data Envelopment Analysis; Polarity; Research Methods/ Statistical Methods.
Ano: 2000 URL: http://purl.umn.edu/24188
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Issues and Challenges in Regulation Economics AgEcon
Agrell, Per J.; Bogetoft, Peter.
Effective economic regulation demands clear objectives, sound economic reasoning and a careful analysis of the inevitable trade-offs between conflicting societal interests. The key problems are linked to the information asymmetry between the regulator and the regulated firms. Although the market principle may provide some useful guidelines, the problems of bankruptcy and windfall profits remain to be addressed. In this overview, we discuss how modern yardstick regimes in combination with franchise auctions provide powerful solutions that may contribute to both societal and industry demands.
Tipo: Working or Discussion Paper Palavras-chave: Agricultural and Food Policy.
Ano: 2001 URL: http://purl.umn.edu/24216
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A Market-Oriented Approach for Multiple Objective Optimization in Agro-Ecological Land Use Planning AgEcon
Agrell, Per J..
The development of a third world country requires a conscious balance between different planning and policy issues, such as population growth rate, gross national income, self reliance and long-term sustainable ecological development. This paper reports on a cross-disciplinary project to design a decision support system (DSS) that aims to assist government policy makers in planning the regional agricultural development of the Bungoma region in Kenya. Contrary to previous research, which has taken the perspective of a central planner and a static market, this model extends the scope by introducing the market mechanisms and price subsidies. The model is based on the Agro-Ecological Zones (AEZ) model, a previously developed non-interactive optimization...
Tipo: Working or Discussion Paper Palavras-chave: Decision analysis; Multicriteria decision making; Integrated land-use planning and management; Decision support systems; Land Economics/Use.
Ano: 1999 URL: http://purl.umn.edu/24178
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Cooperative Supply Chains in Peace and at War AgEcon
Agrell, Per J.; Karantininis, Kostas.
In the competition between supply chains, governance structure and coordination mechanisms can be as important as cost-efficiency. Flexible and non-committing contracts among upstream suppliers in cooperative alliances may lead to lower chain surplus through internal competition and renders the coordinator's position vulnerable for hostile take-overs. Cooperative supply chains are found in e.g. food industry, banking services, lawfirms and brokerage. The downstream processing or brand is owned collectively by the suppliers or service-providers. The supplier are linked to the chain by strong delivery (channel) rights and volume-based revenue-sharing schemes. The governance is flexible, promotes entry and market expansion. However, the decentralized decision...
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness.
Ano: 2000 URL: http://purl.umn.edu/24209
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