Volkswirtschaft - Open Access LMU - Teil 02/03 Podcast
1) Economic Analysis of Pay-for-delay Settlements and Their Legal Ruling
In this paper, we ask whether courts should continue to rule settlements in the context of pharmaceutical claims per se legal, when these settlements comprise payments from originator to generic compa...Show More
2) Price Discrimination and Fairness Concerns
We analyze the profitability of third degree price discrimination under consideration of consumers' fairness concerns within an experiment and explain the results within a theoretical framework. We fi...Show More
3) Can Naked Exclusion Be Procompetitive?
Antitrust scholars have argued that exclusive contracts have anticompetitive, or at best neutral effects, if no efficiencies are generated. In contrast, this paper shows that exclusive contracts can h...Show More
4) Standards and Incentives under Moral Hazard with Limited Liability
We consider a model of moral hazard with limited liability of the agent and effort that is two-dimensional. One dimension of the agent’s effort is observable and the other is not. The principal can th...Show More
5) Risk attitudes and Medicare Part D enrollment decisions
The new Medicare Part D program provides prescription drug coverage for older Americans through highly subsidized and tightly regulated plans offered by private insurance firms. For most eligible indi...Show More
6) Choosing among residential options: Results of a vignette experiment
Older people who experience declining health are often faced with difficult decisions about possible residential relocation. The research aim was to determine how five distinct dimensions-functional s...Show More
7) Evolutionarily stable in-group favoritism and out-group spite in intergroup conflict
We study conflict between two groups of individuals. Using Schaffer`s (1988) concept of evolutionary stability we provide an evolutionary underpinning for in-group altruism combined with spiteful beha...Show More
8) Are groups more rational than individuals? A review of interactive decision making in groups
Many decisions are interactive; the outcome of one party depends not only on its decisions or on acts of nature but also on the decisions of others. In the present article, we review the literature on...Show More
9) Fighting Multiple Tax Havens
This paper develops a competition theory framework that evaluates an important aspect of the OECD’s Harmful Tax Practices Initiative against tax havens. We show that the sequential nature of the proce...Show More
10) Using the internet to administer more realistic vignette experiments
This article illustrates an innovative method of administering stated choice studies (or vignette experiments) using computers and the Internet. The use of video clips to deliver information to resear...Show More
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