Utilizing economic theory, this paper tests the proposition that intellectual property rights and competition policy are complementary policies. An ordered probit model is applied to a sample of over 4,000 firms in 36 countries in order to estimate the marginal effects of the use and quality of enforcement of intellectual property rights on a measure of the degree of seriousness of competition ...

The classical Economic Order Quantity (EPQ) models consider that the production rate is fixed and constant. But in many manufacturing and production processes the production rate is a function of stock on hand. For this sort of situations we develop and analyze an EPQ model with the assumption that the production rate is a function of the on-hand inventory and demand is a function of selling pr...

Since the turn of the millennium, voters in the industrialized countries are increasingly expressing their dissatisfaction. Based on the theoretical concepts of justice by Hayek (1976), Rawls (1972, 2001) and Brennan and Buchanan (2000 [1985]) we argue that the growing dissatisfaction is rooted in the asymmetric pattern in monetary policies since the 1980s for two reasons. First, the structural...

INTRODUCTION Standing order immunization policies (SOIPs) for influenza and pneumococcal vaccinations have been found to be among the most effective strategies for increasing immunizations rates. Despite their proven efficacy these policies have not been widely adopted and there has been limited attention focused on testing particular adoption/implementation strategies. This pilot research asse...