The poorer member states of the EC are often disappointed at what they see as a very limited degree of redistribution of resources away from the richer members towards the less well off. In a recent paper to the intergovernmental conference (IGC) on political union, for example, Spain calls for...

This paper begins by contrasting the caricatures "homo and femina economicus" with "homo and femina realitus". Against this backdrop, the paper considers three "apparently falsified" empirical predictions of the standard expected utility model of individual decision-making concerning...

This paper reviews both the literature on aid volatility and also adds to that literature. In general, the focus of this literature has been on the volatility of overall aid, while we focus more on the volatility of the individual aid sectors, e.g., education aid. In doing this, detailed use is...

We examine the impact of parental education on the shape of an individual's experience-earnings profile. A number of factors suggest that parental education will affect the ability of an individual to translate labor market experience into earnings. Our empirical analysis of US data suggests...

TORCH was a 3 year multi-centre trial of 6112 patients randomized to: salmeterol (SAL), fluticasone propionate (FP), the FP+SAL combination (SFC), or placebo (PL). Here we assess the cost-effectiveness of treatments evaluated in the TORCH study. Three year all-cause hospitalization, medication,...

Rational choice analysis of collective action predicts that individual members of a large group will not contribute voluntarily towards a common cause; members of large groups attribute no significance to individual action. Large groups are mobilised by the attraction of private goods and...

The automotive and electronics industries within the UK have seen dramatic changes over thepast two decades, reflected by culture changes for the organisations within them. This paperexamines the issues surrounding two case study firms in the South Wales electronics andautomotive components...