3 papers
econ.TH2025
Who Pays, Who Benefits? Producer-Insurer Games in Life-Saving Medicines
Delia Coculescu, Maximilian Janisch, Thomas Lehéricy
Pharmaceutical markets for life-saving therapies combine monopoly power with insurance coverage. We build a tractable sequential game in which a patent-holder chooses the drug pric…
q-fin.ST2025
International Financial Markets Through 150 Years: Evaluating Stylized Facts
Sara A. Safari, Maximilian Janisch, Thomas Lehéricy
In the theory of financial markets, a stylized fact is a qualitative summary of a pattern in financial market data that is observed across multiple assets, asset classes and time h…
stat.OT2024
Alternative proof for the bias of the hot hand statistic of streak length one
Maximilian Janisch
For a sequence of random variables taking values or , the hot hand statistic of streak length counts what fraction of the streaks of length , that is, consecu…