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We propose a constructed-choice model for general decision making. The model departs from utility theory and prospect theory in its treatment of multiple goals and it suggests several different ...
Public criticism of executive pay has increased significantly in recent years. Shareholders express concern that the level of pay to many executives does not match the level of increase in
This paper studies the price elasticity of demand in the employer-provided self-insured health plans. The price of self-insurance is defined as the "loading fee" that mainly refers to the ...
Congress is again considering legislation to add a prescription drug benefit to the Medicare program. This time, some of the proposals— including the approach advocated by the ...
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