The Experts below are selected from a list of 207 Experts worldwide ranked by ideXlab platform
Vidyadhar G Kulkarni - One of the best experts on this subject based on the ideXlab platform.
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competitive investment with bayesian learning choice of Business Size and timing
Operations Research, 2021Co-Authors: Nur Sunar, Vidyadhar G KulkarniAbstract:Curse of a Favorable Opportunity: Strategic Choice of Investment Size and Timing with Bayesian Learning
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competitive investment with bayesian learning choice of Business Size and timing
Social Science Research Network, 2019Co-Authors: Nur Sunar, Vidyadhar G KulkarniAbstract:Motivated by challenges faced by firms entering an unknown market, we study a strategic investment problem in a duopoly setting. The favorableness of the market is unknown to both firms, but firms have prior information about it. A leader invests first by choosing its investment Size. Then, in a continuous-time Bayesian setting, a competitive follower dynamically learns about whether the market is favorable or not by observing the leader’s earnings, and chooses its investment Size and timing. In this setting, we characterize equilibrium strategies of firms. A distinctive feature of our model is that firms choose their investment Sizes, and thus the follower’s observations about the favorableness of the market can be censored due to the leader’s investment Size choice. It is generally accepted that if there is an increase in the likelihood of a favorable market, the firm’s expected discounted profit and its investment Size increase. Our paper shows that, contrary to this common understanding, the leader’s equilibrium expected discounted profit and equilibrium investment Size can strictly decrease when there is an increase in the likelihood of a favorable market. This is due to a non-trivial interplay between the leader’s investment Size decision and the follower’s investment strategy.
Nur Sunar - One of the best experts on this subject based on the ideXlab platform.
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competitive investment with bayesian learning choice of Business Size and timing
Operations Research, 2021Co-Authors: Nur Sunar, Vidyadhar G KulkarniAbstract:Curse of a Favorable Opportunity: Strategic Choice of Investment Size and Timing with Bayesian Learning
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competitive investment with bayesian learning choice of Business Size and timing
Social Science Research Network, 2019Co-Authors: Nur Sunar, Vidyadhar G KulkarniAbstract:Motivated by challenges faced by firms entering an unknown market, we study a strategic investment problem in a duopoly setting. The favorableness of the market is unknown to both firms, but firms have prior information about it. A leader invests first by choosing its investment Size. Then, in a continuous-time Bayesian setting, a competitive follower dynamically learns about whether the market is favorable or not by observing the leader’s earnings, and chooses its investment Size and timing. In this setting, we characterize equilibrium strategies of firms. A distinctive feature of our model is that firms choose their investment Sizes, and thus the follower’s observations about the favorableness of the market can be censored due to the leader’s investment Size choice. It is generally accepted that if there is an increase in the likelihood of a favorable market, the firm’s expected discounted profit and its investment Size increase. Our paper shows that, contrary to this common understanding, the leader’s equilibrium expected discounted profit and equilibrium investment Size can strictly decrease when there is an increase in the likelihood of a favorable market. This is due to a non-trivial interplay between the leader’s investment Size decision and the follower’s investment strategy.
M S Marquis - One of the best experts on this subject based on the ideXlab platform.
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private employment based health insurance in ten states
Health Affairs, 1995Co-Authors: Joel C Cantor, Stephen H Long, M S MarquisAbstract:Abstract: This DataWatch reports key findings from the 1993 Robert Wood Johnson Foundation Employer Health Insurance Survey, through which more than 20,000 employers in ten states were interviewed. Our report contrasts the behavior of four Size classes of small Businesses (fewer than fifty workers) with that of all other Businesses. We examine offer rates by Business Size; characteristics of employers and workers in Businesses offering and not offering insurance; premiums, benefits, and medical underwriting; the extent of choice among plans; and self-insurance. We discuss the implications of our findings for health policy.
Brent D Fulton - One of the best experts on this subject based on the ideXlab platform.
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do small group health insurance regulations influence small Business Size
2006Co-Authors: Kanika Kapur, Pinar Karacamandic, Susan M Gates, Brent D FultonAbstract:The cost of health insurance has been the primary concern of small Business owners for several decades. State small group health insurance reforms, implemented in the 1990s, aimed to control the variability of health insurance premiums and to improve access to health insurance. Small group reforms only affected firms within a specific Size range, and the definition of the upper Size threshold for small firms varied by state and over time. As a result, small group reforms may have affected the Size of small firms around the legislative threshold and may also have affected the propensity of small firms to offer health insurance. Previous research has examined the second issue, finding little to no effect of health insurance reforms on the propensity of small firms to offer health insurance. In this paper, we examine the relationship between small group reform and firm Size. We use data from a nationally representative repeated cross-section survey of employers and data on state small group health insurance reform. Contrary to the intent of the reform, we find evidence that small firms just below the regulatory threshold that were offering health insurance grew in order to bypass reforms.
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do small group health insurance regulations influence small Business Size
Journal of Risk and Insurance, 2006Co-Authors: Kanika Kapur, Pinar Karacamandic, Susan M Gates, Brent D FultonAbstract:Research conducted within the Kauffman-RAND Center for Small Business and Regulation, which is funded by a grant from the Ewing Marion Kauffman Foundation in the RAND Corporation.
Sandoval Vicente - One of the best experts on this subject based on the ideXlab platform.
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Small and Medium Enterprises in the Americas, Effect of Disaster Experience on Readiness Capabilities
SelectedWorks, 2020Co-Authors: Sarmiento, Juan Pablo, Sarmiento Catalina, Hoberman Gabriela, Jerath Meenakshi, Sandoval VicenteAbstract:Disaster risk reduction (DRR) is key in strengthening resilience and achievement of sustainable development. The private sector is co-responsible for DRR: it is a generator of risks, and a subject exposed to risks. There are competing narratives in the literature regarding the relationship between Business’ disaster experience and DRR. The current study defined and characterized Businesses in the Americas, with a particular interest in small and medium enterprises, and examined whether disaster experience predicts DRR, considering Business Size. Secondary data analyses were conducted using data from a previous study on private sector participation in DRR conducted in six Western Hemisphere cities (N=1162): Bogotá, Colombia; Kingston, Jamaica; Miami, USA; San José, Costa Rica; Santiago, Chile; and Vancouver, Canada. Results confirmed that Business Size matters – small Businesses had lower levels of DRR efforts compared to medium and large Businesses. Disaster experience (i.e., supply chain disruption, loss of telecommunications, power outage, and damaged facilities) predicted DRR. The findings underscore the importance of fostering, advising, and financing small and medium enterprises to proactively develop capabilities in the line of risk and emergency management, and early resumption of operations, post-disasters. Governing agencies and civil society organizations have the ability to provide this support
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Pequeñas y medianas empresas en las Américas, Efecto de la Experiencia en Desastres sobre las Capacidades de Preparación
'Universidad EAFIT', 2019Co-Authors: Sarmiento, Juan Pablo, Sarmiento Catalina, Hoberman Gabriela, Jerath Meenakshi, Sandoval VicenteAbstract:Disaster risk reduction (DRR) is key in strengthening resilience and achievement of sustainable development. The private sector is co-responsible for DRR: it is a generator of risks, and a subject exposed to risks. There are competing narratives in the literature regarding the relationship between Business’ disaster experience and DRR. The current study defined and characterized Businesses in the Americas, with a particular interest in small and medium enterprises, and examined whether disaster experience predicts DRR, considering Business Size. Secondary data analyses were conducted using data from a previous study on private sector participation in DRR conducted in six Western Hemisphere cities (N=1162): Bogotá, Colombia; Kingston, Jamaica; Miami, USA; San José, Costa Rica; Santiago, Chile; and Vancouver, Canada. Results confirmed that Business Size matters – small Businesses had lower levels of DRR efforts compared to medium and large Businesses. Disaster experience (i.e., supply chain disruption, loss of telecommunications, power outage, and damaged facilities) predicted DRR. The findings underscore the importance of fostering, advising, and financing small and medium enterprises to proactively develop capabilities in the line of risk and emergency management, and early resumption of operations, post-disasters. Governing agencies and civil society organizations have the ability to provide this support.La reducción del riesgo de desastres (RRD) es clave para fortalecer los procesos de resiliencia y lograr un desarrollo sostenible. El sector privado es corresponsable de la RRD debido a que puede ser un generador de riesgos y a la vez, estar expuesto a ellos. Ciertos discursos académicos compiten entre sí con respecto a la relación entre la experiencia de desastre de las empresas y la RRD. Este estudio definió y caracterizó diferentes empresas en América, con un interés particular en las pequeñas y medianas empresas, y examinó si la experiencia de desastres puede ser un indicador fiable para predecir la RRD, considerando el tamaño de las empresas. Se realizaron análisis de datos secundarios empleando una encuesta de participación del sector privado en la RRD en seis ciudades del hemisferio occidental (N=1162): Bogotá, Colombia; Kingston, Jamaica; Miami, Estados Unidos; San José, Costa Rica; Santiago, Chile; y Vancouver, Canadá. Los resultados confirmaron que el tamaño de la empresa es importante: las pequeñas empresas mostraron niveles más bajos de RRD en comparación con las medianas y grandes empresas. El haber experimentado un desastre (es decir, la interrupción de la cadena de suministro, la pérdida de las telecomunicaciones, la interrupción del suministro eléctrico y el daño a las instalaciones) predijo la reducción del riesgo de desastres. Los hallazgos subrayan la importancia de fomentar, asesorar y financiar a las pequeñas y medianas empresas para desarrollar de manera proactiva, capacidades en la línea de gestión de riesgos y manejo de emergencias, así como la reanudación temprana de las operaciones después de los desastres. En este contexto, las agencias gubernamentales y las organizaciones de la sociedad civil poseen la capacidad para proporcionar este apoyo
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Small and medium enterprises in the americas, effect of disaster experience on readiness capabilities
2019Co-Authors: Sarmiento, Juan Pablo, Sarmiento Catalina, Hoberman Gabriela, Chabba Meenakshi, Sandoval VicenteAbstract:Disaster risk reduction (DRR) is key in strengthening resilience and achievement of sustainable development. The private sector is co-responsible for DRR: it is a generator of risks, and a subject exposed to risks. There are competing narratives in the literature regarding the relationship between Business’ disaster experience and DRR. The current study defined and characterized Businesses in the Americas, with a particular interest in small and medium enterprises, and examined whether disaster experience predicts DRR, considering Business Size. Secondary data analyses were conducted using data from a previous study on private sector participation in DRR conducted in six Western Hemisphere cities (N=1162): Bogotá, Colombia; Kingston, Jamaica; Miami, USA; San José, Costa Rica; Santiago, Chile; and Vancouver, Canada. Results confirmed that Business Size matters – small Businesses had lower levels of DRR efforts compared to medium and large Businesses. Disaster experience (i.e., supply chain disruption, loss of telecommunications, power outage, and damaged facilities) predicted DRR. The findings underscore the importance of fostering, advising, and financing small and medium enterprises to proactively develop capabilities in the line of risk and emergency management, and early resumption of operations, post-disasters. Governing agencies and civil society organizations have the ability to provide this support.La reducción del riesgo de desastres (RRD) es clave para fortalecer los procesos de resiliencia y lograr un desarrollo sostenible. El sector privado es corresponsable de la RRD debido a que puede ser un generador de riesgos y a la vez, estar expuesto a ellos. Ciertos discursos académicos compiten entre sí con respecto a la relación entre la experiencia de desastre de las empresas y la RRD. Este estudio definió y caracterizó diferentes empresas en América, con un interés particular en las pequeñas y medianas empresas, y examinó si la experiencia de desastres puede ser un indicador fiable para predecir la RRD, considerando el tamaño de las empresas. Se realizaron análisis de datos secundarios empleando una encuesta de participación del sector privado en la RRD en seis ciudades del hemisferio occidental (N=1162): Bogotá, Colombia; Kingston, Jamaica; Miami, Estados Unidos; San José, Costa Rica; Santiago, Chile; y Vancouver, Canadá. Los resultados confirmaron que el tamaño de la empresa es importante: las pequeñas empresas mostraron niveles más bajos de RRD en comparación con las medianas y grandes empresas. El haber experimentado un desastre (es decir, la interrupción de la cadena de suministro, la pérdida de las telecomunicaciones, la interrupción del suministro eléctrico y el daño a las instalaciones) predijo la reducción del riesgo de desastres. Los hallazgos subrayan la importancia de fomentar, asesorar y financiar a las pequeñas y medianas empresas para desarrollar de manera proactiva, capacidades en la línea de gestión de riesgos y manejo de emergencias, así como la reanudación temprana de las operaciones después de los desastres. En este contexto, las agencias gubernamentales y las organizaciones de la sociedad civil poseen la capacidad para proporcionar este apoyo
