BACKGROUND Pyoderma gangrenosum (PG) is a painful, ulcerating skin disease with poor evidence for management. Prednisolone and ciclosporin are the most commonly used treatments, although not previously compared within a randomized controlled trial (RCT). OBJECTIVES To compare the cost-effectiveness of ciclosporin and prednisolone-initiated treatment for patients with PG. METHODS Quality of ...

The paper examines perceptions of the fairness income distribution in Serbia from a comparative perspective. analysis is based on data collected under Round 9 European Social Survey 2018/2019. Perceptions personal are compared with those three post- Yugoslav countries (Montenegro, Croatia and Slovenia) developed capitalist (Germany, Sweden United Kingdom). research findings indicate that vast m...

The paper studies a new class of games, “All-Pay Contests”, which capture general asymmetries and sunk investments inherent in scenarios such as lobbying, competition for market power, labor-market tournaments, and R&D races. Players compete for one of several identical prizes by choosing a score. Conditional on winning or losing, it is weakly better to do so with a lower score. The generality ...

Using data from a 1988 survey of business school graduates, the authors analyze gender differentials in earnings by form of pay-total pay, base pay, and contingent pay-with controls for human capital, occupation,job level, and individual characteristics. The results indicate that within narrowly defined occupations and jobs, most of the unexplained difference in total pay between the men and wo...

BACKGROUND Bullous pemphigoid (BP) is an autoimmune blistering skin disorder associated with significant morbidity and mortality. Doxycycline and prednisolone to treat bullous pemphigoid were compared within a randomized controlled trial (RCT). OBJECTIVES To compare the cost-effectiveness of doxycycline-initiated and prednisolone-initiated treatment for patients with BP. METHODS Quality-of-...

This paper tests the ‘morale’ theory of downward nominal wage rigidity. This theory relies on workers disliking nominal pay cuts: cuts should make workers less happy. We investigate this using panel data on individual employees’ pay and satisfaction. We confirm that nominal cuts do make workers less happy than if their pay had not fallen. But we find no difference in the effect on happiness of ...

network effects, increase in the value of consuming a product if many other consumers use the same product, is a feature of many markets of high-technology products. frequently cited examples of products exhibiting network effects are telecommunication or software products. this research explores the role of network effects in the consumer´s choice of mobile operator in tehran. for our empirica...

a r t i c l e i n f o It is often argued that projects involving public good changes should be chosen on the basis of monetary valuation and cost–benefit analysis (CBA). However, CBA is not value-free. When used to measure welfare, it is based on highly controversial value judgements. When used to measure efficiency, it is based on assumptions of limited relevance to democratic decision-making ...

ABSTRACT This paper studies a problem of optimal reinsurance design under asymmetric information. The insurer adopts distortion risk measures to quantify his/her position, and the reinsurer does not know functional form this measure. risk-neutral maximizes net profit subject individual rationality incentive compatibility constraints. menu is succinctly derived assumption that one type has large...