There is a remarkable difference between the prices that commercial publishers charge to libraries for economics journals and the prices charged by professional societies and university presses. This ...
Drug price differences across national markets as they exist in the EU are often justified by the concept of Ramsey prices: with fixed costs for R&D, the optimal mark-ups on marginal costs are inverse...
Abstract
Currently, the demand side fails to play an effective role in the forming mechanism of electricity price. In terms of the problem, the paper put forward the opinion that both the demanding p...
Understanding the nature of pain depends, at least partly, on recognizing its subjectivity. This in turn requires using a first-person experiential approach in addition to third-person experimental ap...
Understanding the nature of pain depends, at least partly, on recognizing its subjectivity. This in turn requires using a first-person experiential approach in addition to third-person experimental ap...
Policy initiated in the 1970s follows the contention that competitive forces do not work and new types of regulation are warranted. This article presents an expanded demand-supply theory introducing p...