The Nasdaq composite index was slammed as investors rushed to dump high-priced computer and Internet-related issues.
Although some restaurateurs have grumbled that Time Warner, in a classic instance of bad timing, will dump high-priced tables on a market that cannot absorb them, Mr. Wolf observes that New Yorkers may be more than ready for a thrill.
We also clarify the welfare-improving conditions by allowing hospitals to dump high-severity patients.
We now examine the optimal payment policy when the private hospital is induced to dump high-severity patients.
Second, Canta [4] assumes that all patients go to the private hospital that can dump high-severity patients and that the public hospital treats only dumped patients.
This is because government agencies adopt the patient dumping policy and they need not pay information rent to hospitals that dump high-severity patients, whereas government agencies pay information rent to all hospitals under the outlier payment policy.
To observe the potential welfare consequences of patient dumping, suppose that the insurer chooses not to adopt the outlier payment policy and instead allows the private hospital to dump high-severity patients selectively.
We show that when the insurer designs the healthcare payment policy to let hospitals dump high-cost patients, there is a trade-off between the disutility of dumped patients (changes in hospitals' rent extraction due to low-severity patients) and the shift in the level of cost reduction efforts for high-severity patients.
"A sunshine state of mind" was the designer's take, as he dumped high city heels for flat shoes and showed hemp vests alongside linen trench coats.
Some companies are even dumping high fructose corn syrup in favor of old-fashioned sugar.
After a spectacular run in 2000, because of investments in companies generating steady earnings, the funds were hurt when nervous investors dumped high-priced stocks in early 2001, said Emily Hall, a Morningstar analyst.
