Manuscript type: Research Paper. Research Aims: The Freemium business model is becoming increasingly prominent in the current digital economy. In the mobile game market, total revenue from free to download apps is overtaking those from paid apps. The purpose of this article is to propose a...

We assess substitutable and complementary relationships among eight national advertising media classes, as well as the magnitude of their own-price elasticities. We use a translog demand model, whose parameters we estimate by three-stage least squares, based on 1960-94 annual U.S. data.We find...

In this paper, we develop and estimate a model of commercial smuggling in which some, but not all, firms smuggle a portion of the cigarettes they sell. The model is used to examine the effects on interstate cigarette smuggling of the Contraband Cigarette Act and a change in the federal excise...

Long-term care represents one of the largest uninsured financial risks facing the elderly in the United States. Whether the small size of this market is driven primarily by supply side market imperfections or by limitations to demand, however, is unresolved, largely due to the paucity of data...

This paper characterizes the effects of market size on the size distribution of establishments for thirteen retail trade industries across 225 U.S. cities. In nearly every industry we examine, establishments are larger in larger cities, and in four industries the dispersion of establishment...

The collapse of the clearinghouse for the entry-level gastroenterology labor market offers a unique opportunity to study how stable clearinghouses succeed and fail. To explore the reasons for the failure of the clearinghouse (and why failures of this kind of clearinghouse have been so rare), we...

On 4 September 2020, the Tribunal Judiciaire of Paris ruled that the mobile game Woodturning 3D was not original enough to enjoy copyright protection, but nonetheless granted an injunction and other remedies against a "clone" of the game on unfair competition grounds. This paper comments the...

This study explores economic aspects of the market for long term care (LTC) with a special focus on Japan. First, we describe the LTC system in Japan as presently implemented, and we highlight some aspects of the program that are novel and potentially of interest to other countries seeking...

Till the 16th century tea was herbal drink which was as only known to the People of China, Tibet, Magnolia, Thailand and Japan. But the European merchants introduced it to the global world and brought tremendous changes to its taste and flavour. Though the Asian leaf was quite unknown to England...

“Crunch”— the cyclical labor practice used to ensure delivery of content for commercial release within a certain time frame—is an unregulated and unconscionable convention. While common in a variety of industries, it is particularly disruptive in, and the root cause for, many of the...