A Study Of The Effects Of Certificate Of Need Law On Inpatient Occupancy Rates, Jomon Aliyas Paul, Huan Ni, Aniruddha Bagchi
Dec 2018
A Study Of The Effects Of Certificate Of Need Law On Inpatient Occupancy Rates, Jomon Aliyas Paul, Huan Ni, Aniruddha Bagchi
Aniruddha Bagchi
Increasing healthcare costs and the deterioration of healthcare quality have always been major concerns to policy makers in the United States, and Certificate of Need (CON) Law has been implemented as one way to curb wasteful healthcare resource use. Theoretically, CON can lead to a reduction in the number of beds as well as in the number of inpatient days (possibly by shortening the length of patient stay). However, these two effects impact inpatient occupancy rate in opposite directions. We test empirically to find out which of these two effects dominate. In this study, we investigate the impact of CON …
Role Of Intelligence Inputs In Defending Against Cyber Warfare And Cyber Terrorism
Dec 2017
Role Of Intelligence Inputs In Defending Against Cyber Warfare And Cyber Terrorism
Aniruddha Bagchi
This article examines the role of espionage in defending against cyber-attacks on infrastructural firms. We analyze the problem using a game between a government, an infrastructural firm and an attacker. If the attacker successfully breaches the IT security defenses of the infrastructural firm, primary losses accrue to that firm while widespread collateral losses accrue to the rest of the economy. The government assists the infrastructural firm by providing intelligence inputs about an impending attack. We find that subject to some conditions, expenditure on intelligence adds value only when its amount exceeds a threshold level. Also, the nature of the equilibrium …
Workplace Deviance And Recession, Aniruddha Bagchi, Siddhartha Bandyopadhyay
Nov 2016
Workplace Deviance And Recession, Aniruddha Bagchi, Siddhartha Bandyopadhyay
Aniruddha Bagchi
We examine the relationship between the incidence of workplace deviance (on-the-job crime) and the state of the economy. A worker's probability of future employment depends on whether she has been deviant as well as on the availability of jobs. Using a two period model we show that the net impact on deviant behavior to changes in unemployment can go either way depending upon the nature of the equilibrium. Two kinds of equilibria are possible. In one, a non-deviant's probability of being employed increases as expected market conditions improve which lowers the incentive to be a deviant. In contrast, in the …
Role Of Intelligence Inputs In Defending Against Cyber Warfare And Cyber Terrorism, Aniruddha Bagchi
Dec 2014
Role Of Intelligence Inputs In Defending Against Cyber Warfare And Cyber Terrorism, Aniruddha Bagchi
Aniruddha Bagchi
No abstract provided.
Technology Licensing In A Differentiated Oligopoly, Aniruddha Bagchi, Arijit Mukherjee
Dec 2013
Technology Licensing In A Differentiated Oligopoly, Aniruddha Bagchi, Arijit Mukherjee
Aniruddha Bagchi
We show the effects of product differentiation and product market competition on technology licensing by an outside innovator. For a certain range of product differentiation, both the innovator and the society prefer royalty licensing compared to auction (or fixed-fee), irrespective of Cournot and Bertrand competition, if the number of potential licensees is sufficiently large. Hence, for such a range of product differentiation, neither the innovator nor the antitrust authority requires information about the type of product market competition in preferring the type of the licensing contract.
Second Chance Offers In Auctions, Aniruddha Bagchi, Brett Katzman, Timothy Mathews
Dec 2013
Second Chance Offers In Auctions, Aniruddha Bagchi, Brett Katzman, Timothy Mathews
Aniruddha Bagchi
This paper examines situations in which a seller might make a second chance (take-it-or-leave-it) offer to a non-winning bidder at a price equal to their bid at auction. This study is motivated by the take-it-or-leave-it second chance offer rules used by eBay and a number of state procurement agencies. Equilibrium bidder behavior is determined for IPV sealed bid first price, second price, English, and Vickrey auctions when a second chance offer will be made with an exogenous probability p. In all but the Vickrey auction (which elicits the dominant strategy of bidding one’s value) equilibrium bids are lower than if …
Optimal Allocation Of Resources In Airport Security: Profiling Vs. Screening, Aniruddha Bagchi
Dec 2012
Optimal Allocation Of Resources In Airport Security: Profiling Vs. Screening, Aniruddha Bagchi
Aniruddha Bagchi
No abstract provided.
Workplace Deviance And Recession, Aniruddha Bagchi
Jun 2012
Workplace Deviance And Recession, Aniruddha Bagchi
Aniruddha Bagchi
No abstract provided.
Endogenous R&D And Intellectual Property Laws In Developed And Emerging Economies, Aniruddha Bagchi, Abhra Roy
Dec 2011
Endogenous R&D And Intellectual Property Laws In Developed And Emerging Economies, Aniruddha Bagchi, Abhra Roy
Aniruddha Bagchi
The incentive of providing protection of intellectual property has been analyzed, both for an emerging economy as well as for a developed economy. The optimal patent length and the optimal patent breadth within a country are found to be positively related to each other for a fixed structure of laws abroad. Moreover, a country can respond to stronger patent protection abroad by weakening its patent protection under certain circumstances and by strengthening its patent protection under other circumstances. These results depend upon the curvature of the R&D production function. Finally, we investigate the impact of an increase in the willingness-to-pay …
Licensing And Patent Protection, Aniruddha Bagchi, Arijit Mukherjee
Dec 2009
Licensing And Patent Protection, Aniruddha Bagchi, Arijit Mukherjee
Aniruddha Bagchi
We show the impact of technology licensing on optimal patent policy. Strong patent protection that eliminates imitation may not be the equilibrium outcome in the presence of licensing. Depending on the cost of innovation, licensing may either increase or reduce the strength of the patent protection.
“Selling Licenses For A Process Innovation: The Impact Of The Product Market On The Selling Mechanism, Aniruddha Bagchi
Dec 2007
“Selling Licenses For A Process Innovation: The Impact Of The Product Market On The Selling Mechanism, Aniruddha Bagchi
Aniruddha Bagchi
This article considers the sale by a research lab of licences for a cost-reducing innovation. The marginal cost of a firm that wins a licence is private information and the acquisition of a licence imposes a negative externality on the other firms. The lab’s optimal revenue is determined from a class of mechanisms in which the lab selects the number of licences and the reserve price before the sale. The role of the downstream product market in the determination of the number of licences is analyzed. Furthermore, it is also shown that the optimal reserve price may be zero.
A Clashing Viewpoint Concerning India: A Critique Of Goldman Sachs 2007 Report, Aniruddha Bagchi, Ashok Roy
Dec 2007
A Clashing Viewpoint Concerning India: A Critique Of Goldman Sachs 2007 Report, Aniruddha Bagchi, Ashok Roy
Aniruddha Bagchi
The centerpiece of the 2007 Report by Goldman Sachs is the prediction of India’s phenomenal economic growth and power in the next few decades. In this article we critique the conceptual validity of that prognosis. In particular, we highlight several hard and soft infrastructure impediments to India’s emergence as a major economic power.
