Related papers: A note on hospital financing: local financing vs. …
Disease-specific quality indicators (QIs) are used to compare institutions and health care providers in terms processes or outcomes relevant to treatment of a particular condition. In the context of surgical cancer treatments, the…
Many public services are produced in networked systems where quality depends on local effort and on how higher-level authorities monitor providers. We develop a simple model in which monitoring is a public good on a network with strategic…
Decision making in the public sector centers on delivering resources and services for the common good, emphasizing an expansive set of objectives such as equity and efficiency, beyond immediate short term returns to reflect the broader…
We introduce and address a novel distributed clustering problem where each participant has a private dataset containing only a subset of all available features, and some features are included in multiple datasets. This scenario occurs in…
A modern version of Monetary Circuit Theory with a particular emphasis on stochastic underpinning mechanisms is developed. It is explained how money is created by the banking system as a whole and by individual banks. The role of central…
We study stochastic particle systems made up of heterogeneous units. We introduce a general framework suitable to analytically study this kind of systems and apply it to two particular models of interest in economy and epidemiology. We show…
We consider the problem of governing systemic risk in a banking system model. The banking system model consists in an initial value problem for a system of stochastic differential equations whose dependent variables are the log-monetary…
When decisions about developing standards are left to individual firms, there are many advantages including a flexible response to market evolution, accommodation to rapid technology change, and avoidance of costly coordination. However,…
We consider a network of bank holdings, where every holding has two subsidiaries of different types. A subsidiary can trade with another holding's subsidiary of the same type. Holdings support their subsidiaries up to a certain level when…
Model-based development is a widely-used method to describe complex systems that enables the rapid prototyping. Advances in the science of distributed systems has led to the development of large scale statechart models which are distributed…
We consider the problem of governing systemic risk in an assets-liabilities dynamical model of banking system. In the model considered each bank is represented by its assets and its liabilities.The capital reserves of a bank are the…
A hybrid network--deterministic model for simulation of multiresistant pathogen spread in a healthcare system is presented. The model accounts for two paths of pathogen transmission between the healthcare facilities: inter-hospital patient…
This manuscript is concerned with relating two approaches that can be used to explore complex dependence structures between categorical variables, namely Bayesian partitioning of the covariate space incorporating a variable selection…
Resource support between individuals is of particular importance in controlling or mitigating epidemic spreading, especially during pandemics. Whereas there remains the question of how we can protect ourselves from being infected while…
We investigate computational and mechanism design aspects of scarce resource allocation, where the primary rationing mechanism is through waiting times. Specifically we consider allocating medical treatments to a population of patients.…
This paper addresses the problem of competition vs. cooperation in the downlink, between base stations (BSs), of a multiple input multiple output (MIMO) interference, heterogeneous wireless network (HetNet). This research presents a…
A method for evaluating the relative performance of local, cloud and combined processing of divisible (i.e. partitionable) data loads is presented. It is shown how to do this in the context of Amdahl's law. A single level (star) network…
We study the spreading of cooperative infections in an empirical temporal network of contacts between people, including health care workers and patients, in a hospital. The system exhibits a phase transition leading to one or several…
We study financial systems from a game-theoretic standpoint. A financial system is represented by a network, where nodes correspond to firms, and directed labeled edges correspond to debt contracts between them. The existence of cycles in…
Health management is getting increasing attention all over the world. However, existing health management mainly relies on hospital examination and treatment, which are complicated and untimely. The emerging of mobile devices provides the…