We extend transaction cost economics by examining the effect of relaxing two of its underlying assumptions. First, transaction cost economics relies on an assumption of risk neutrality. We argue that organizations transactions vary in the risk they impose on an organization and that...

Importance:- To improve the quality of health care, many researchers have suggested that health care institutions adopt management approaches that have been successful in the manufacturing and technology sectors. However, relatively little information exists about how these practices are...

This paper investigates the correlates of union success in NLRB certification and decertification elections. The analysis includes a wide variety of bargaining unit, union, industry, and geographic attributes, many of which have not been considered in previous studies. Variables having a...

We develop a model of industry evolution in which firms choose proprietary standards (closed firm) or adopt a common standard (open firm). A closed entrant can capture multiple profits whereas an open entrant faces lower entry barriers: The odds of closed entry (relative to open entry) decrease...

This paper provides econometric evidence linking a country's per capita government health expenditures and per capita income to two health outcomes: under-five mortality and maternal mortality. Using instrumental variables techniques (GMM-H2SL), we estimate the elasticity of these outcomes with...