This article is based on the research results which were intended to identify consumerism trends among the Orang Asli, particularly with regards to purchase of luxury goods and management of their finances. The concept of consumerism refers to the motivation of an individual to identify himself or herself by means of a product or service, especially one which is commercially branded and denotes...

The authors consider market stakeholder consolidation, market-driven efficiency demands, consumerism, and legal enforcement of patient rights related to access to appropriate drugs and posit how future P&T committees may approach these issues.

We analyze environmental policy in a model where some consumers (dubbed green) derive warm glow from buying good of higher quality, and green firms differentiate products on their quality to enjoy market power. For any given pollution level, emission taxes turn out be less cost-effective than an standard because taxation always induces wedge between the qualities products. By stark contrast, pr...