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

Using a vertical differentiation model, we investigate the product quality strategies of two competing firms maximizing market shares. The firms are facing variable costs of quality improvement and choose their prices under the constraint of nonnegative profits. We show that in equilibrium there...

While universal health coverage (UHC) offers a powerful goal for a nation, all countries-irrespective of income are struggling with achieving or sustaining UHC. France is a high-income country where HC is in effect universal. Health-related costs are covered by a mix of mandatory social health...

The internationalisation of enterprises is one of the essential ways to strengthen the competitiveness of firms from developing countries (UNCTAD, 2005c: 3). Strong growth in outward foreign direct investment (OFDI) from developing countries has become the distinguishing feature of the...

Diversity matters, both at the firm and at the macro-economic level. This is the driving mission of JEOD. While the importance of diversity is already quite well recognized in other disciplines as a major source of wellbeing and quality of life, an open discussion on diversity in economics...

The Pennsylvania Liquor Control Board administers the purchase and sale of wine and spirits and is mandated to charge a uniform 30% markup on all products. We use an estimated discrete choice model of demand for spirits, together with information on wholesale prices, to assess the implications...

The trend toward more women on the boards of directors of German companies continued in 2013, albeit on a small scale. The share of women on the supervisory boards of the 200 largest companies increased by more than two percentage points, and thereby at a somewhat higher rate than in recent...

Despite companies' commitment to more women in top-level management, at the end of 2012 only four percent of all seats on the executive boards and 12.9 percent on the supervisory boards of the top 200 companies in Germany were occupied by women. This corresponds to an increase of one percentage...

The Pennsylvania Liquor Control Board administers the purchase and sale of wine and spirits across the state and is legally mandated to charge a uniform 30% markup on all products. We use an estimated discrete choice model of demand for spirits, together with information on wholesale prices, to...

The executive boards of large corporations in Germany continue to be in men’s hands: at the close of 2014, a good five percent of executive board members at the top 200 companies in Germany were women. This is equivalent to an increase of one percentage point over 2013, which is evidence of...