The choice of strategies by bidders who are allowed to communicate in auctions is studied. Using the tools of mechanism design, the possible outcomes of communication between bidders participating in a series of simultaneous rst-price auctions are investigated. A variety of mechanisms are incentive compatible when side payments are not allowed. When attention is restricted to mechanisms that re...

This paper studies valuation issues related to the buy-in payments in cost-sharing agreements. Three issues are studied. First, the paper shows how to calculate depreciation rates using the so-called "residual pro…t split method" so that the resulting buy-in payment equals the market value of the pre-buy in intangibles. Second, the paper establishes that if a taxpayer elects to calculate the bu...

The construction industry has dynamic supply chains with multiple suppliers usually engaged in short-term relationships. Government legislation, novel types of payment agreements, conventional information technology solutions, and chain management best practices have endeavoured to solve payment-related financial issues the industry, which are mainly caused by complexities chain. Nevertheless, ...

The American College of Clinical Pharmacy (ACCP) previously published position statements on collaborative drug therapy management (CDTM) in 1997 and 2003. Since 2003, significant federal and state legislation addressing CDTM has evolved and expanded throughout the United States. CDTM is well suited to facilitate the delivery of comprehensive medication management (CMM) by clinical pharmacists....

This paper proposes a one shot normal form game of agreement formation. It introduces a new notion of strategy, which is, for each player, to say which of the possible agreements are acceptable. Therefore, the strategy is a vector of choices. For a given strategy profile, different sizes are then acceptable and it is assumed that the largest agreement is achieved. I propose a concept of strong ...

BACKGROUND Market Access Agreements (MAA) between pharmaceutical industry and health care payers have been proliferating in Europe in the last years. MAA can be simple discounts from the list price or very sophisticated schemes with inarguably high administrative burden. DISCUSSION We distinguished and defined from the health care payer perspective three kinds of MAA: Commercial Agreements (C...

P UBLIC interest and attention have recently been focused on the provision of disability retirement as well as age retirement benefits in industrial pension plans as a result of the series of collective bargaining agreements concluded in a number of major industries in the fall of 1949. The first of these agreements was signed on September 28, 1949, by the Ford Motor Company and the United Auto...

Making agreements on how to behave has been shown to be an evolutionarily viable strategy in one-shot social dilemmas. However, in many situations agreements aim to establish long-term mutually beneficial interactions. Our analytical and numerical results reveal for the first time under which conditions revenge, apology and forgiveness can evolve and deal with mistakes within ongoing agreements...