PubMed Health⌕ Search

PubMed · 10269062

Creating competitive weapons from information systems.

Abstract

As the pace of competition intensifies in the 1980s, information systems will emerge as critical new weapons in the battle to gain an advantage over competitors. The authors show how a business can use modern information technologies to create a competitive edge by adding value to present products and services.

Explore related subjects

Keep this discovery

Explore connections, maps & timelines

BibTeXRIS

C Wiseman, I C MacMillan. 1984. Creating competitive weapons from information systems.. https://doi.org/10.1108/eb039057

Cite the original work for its findings. Save a collection to share your selection of sources.

KEEP EXPLORING

Related citations

'Competition' among employers offering health insurance.

Most employees contribute towards the cost of employer-sponsored insurance, despite tax laws that favor zero contributions. Contribution levels vary markedly across firms, and the average contribution (as a percentage of the premium) has increased over time. We offer a novel explanation for these facts: employers raise contribution levels to encourage their employees to obtain coverage from their spouses' employer. We develop a model to show how the employee contribution required by a given firm depends on characteristics of the firm and its work force, and find empirical support for many of the model's predictions.

Economic Competition↗

A model of physician behaviour with demand inducement.

We present a model of the physician-patient relationship extending on the model by Farley [Farley, P.J., 1986. Theories of the price and quantity of physician services. Journal of Health Economics 5, 315-333] of supplier-induced demand (SID). First, we make a case for the way this model specifies professional ethics, physician competition, and SID itself. Second, we derive predictions from this model, and confront them with the neoclassical model. Finally, we stress the importance of considering how SID affects patient welfare in providing an example where physicians' ability to induce makes patients better off. To evaluate patient welfare, we derive approximations of the patients' welfare loss due to physician market power in both the neoclassical model and the inducement model.

Economic Competition↗