The profits earned by health insurance companies have been under intense scrutiny by policymakers and the general public. However, attempts to reduce insurance company profits could affect the quality of care that they provide to their enrollees. This study investigates whether there is a relationship between the profitability of an HMO and the quality of care that its enrollees receive. The sa...

Employing profits data of Japanese companies in 2002 and 2003, we identify the non-Gibrat's law which holds in the middle profits region. From the law of detailed balance in all regions, Gibrat's law in the high region and the non-Gibrat's law in the middle region, we kinematically derive the profits distribution function in the high and middle range uniformly. The distribution function accurat...

A patent owner is entitled to recover any additional profits that would have been earned but for infringement. This paper suggests the use of an adaptation of merger simulation to assess lost profits in patent infringement cases. A model of the industry with infringement is calibrated to observed prices and quantities and estimated demand elasticities. Lost profits are then estimated by calcula...

Traveling Salesman Problems with Profits (TSPs with Profits) are a generalization of the Traveling Salesman Problem (TSP) where it is not necessary to visit all vertices. With each vertex is associated a profit. The objective is to find a route with a satisfying collected profit (maximized) and travel cost (minimized). Applications of these problems arise in contexts such as traveling salesman ...

The statement is akin to the idea that if you increase sales you will increase profits. If this were true, then every company would lower prices by 10%, thereby increasing sales. But this sales increase won't necessarily result in higher profits. As in the loyalty statement, there is an implied qualifier: increased sales will lead to increased profits, provided that the incremental gains are ac...

We study the 52-week high momentum strategy in international stock markets proposed by George and Hwang [George, T., Hwang, C.Y., 2004. The 52-week high and momentum investing. Journal of Finance 59, 2145–2176.]. This strategy produces profits in 18 of the 20 markets studied, and the profits are significant in 10 markets. The 52-week high momentum profits exist independently from the Jegadeesh ...

BACKGROUND Because it is widely played, claims that smoking restrictions will adversely affect bingo games is used as an argument against these policies. We used publicly available data from Massachusetts to assess the impact of 100% smoke-free ordinances on profits from bingo and other gambling sponsored by charitable organisations between 1985 and 2001. METHODS We conducted two analyses: (1...

W designing price contracts, one of the major questions confronting managers is how many blocks there should be in the contract. We investigate this question in the setting of a manufacturer-retailer dyad facing a linear deterministic consumer demand. Theoretical marketing models predict that the manufacturer’s profits rise dramatically when the number of blocks in the contract is increased fro...

In this paper we ask when will a firm earn more profits from selling the attention of its customers to advertisers than from selling the underlying product itself. In other words, when will a firm become an advertising " medium " ? We investigate this decision as a function of the intensity and nature of competition. We show that regardless of inherent product value to customers, when the firm ...