Incentive Programs for Neglected Diseases
By Pranav Ganapathy We propose and evaluate an auction mechanism for the priority review voucher program. The 2007 voucher program rewards drug developers for regulatory approval of novel treatments for neglected tropical diseases. Previous papers have proposed auctioning vouchers for the priority review voucher program but have offered neither a mathematical model nor a […]
Deterring Ineffcient Gambling in Risk-Taking Agents
By Ryan Westphal This paper proposes a model describing the incentive issues faced by principals and agents when the agent has limited liability and is capable of undertaking unidentifiable, inefficient risky behavior. We propose a contract structure by which the principal deters risk by deferring payment to the agent until she reaches an absorbing steady-state […]
Incentives and Characteristics that Explain Generic Prescribing Practices
By Rahul Nayak This study uses the National Ambulatory Medical Care Survey (2006-2010) and Health Tracking Physician Survey (2008) to study the incentives and characteristics that explain physician generic prescribing habits. The findings can be characterized into four main categories: (1) financial/economic, (2) informational, (3) patient- dependent and (4) drug idiosyncratic effects. Physicians in practices […]
Extending the Possibilities of Kidney Exchange with Compatible Pairs
By Karna Mital Kidney exchange enables incompatible pairs to exchange kidneys so each recipient can receive a transplant. Compatible pairs have not yet been incorporated in any kidney exchange program. The present study incorporates compatible pairs in cycles-only mechanism, and focuses on the HLA match aspect of match quality. When 27.7% of compatible pairs participate, […]
