The purpose of this paper is to generalize the results obtained by Sklivas (1987) and Fershtman and Judd (1987) allowing for non-linear demand functions, many players and general attitudes to the risk by the players. We also generalize their set-up by introducing a more general measure of th...

Although the structural reforms, initiated in 1991, did not lead to any appreciable increase in either the efficiency or the export orientation of Indian manufacturing firms, unexpectedly, there has been a visible improvement in manufacturing design capabilities in certain segments, for...

In today’s world, transport management is a key strategic factor for the achievement of organizational goals such as economic efficiency and effectiveness. Likewise, transport decisions are important for the development and establishment of organizational policies aiming at enhancing...

Corporate Social Responsibility (CSR) can be defined as voluntarily going beyond what the law requires to achieve social and environmental objectives. Present work provides the profile of the firms adopting CSR strategies in Luxembourg focusing on intrinsic and extrinsic motivations for CSR. The...

¿ Las Empresas Públicas funcionan en general con una menor eficiencia que sus equivalentes Privadas, como reza el tópico al respecto? Se trata de un lugar común utilizado profusamente como un axioma indiscutible, principalmente desde posiciones políticas conservadoras. Aunque también...

We develop a game-theoretical model to examine the implications of the introduction of a non-profit "public option" in the U.S. health insurance market, in which a continuum of heterogeneous consumers, each facing unknown medical expenditures and differing in their expectations of such...

The objective of this study is to proffer and then empirically investigate for the U.S. what is being identified as the “small firms hypothesis,” i.e., a hypothesis that the greater the percentage of firms that are “small,” the greater the percentage of the population that will be...

Every minute, at least one woman dies from pregnancy and childbirth complications; a further 20 suffer injury, infection or disease. Despite medical advances, and years of policy declarations, this tragic situation remains particularly severe in developing countries, violating a fundamental...

Within the debate about the rise of costs in the German health system, the argument has put forth that patients' excessive demand for benefits is caused by the existence of a moral hazard problem. One way of influencing an insured person's consumer behaviour is the introduction of several...