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Poor families around the world spend a large fraction of their income on consumption of goods that appear to be useless in alleviating poverty, while saving at very low rates and neglecting investment in health and education. Such consumption patterns seem to be related to the persistence of...
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An Online Grocery Store permits a customer to submit online orders for items and/or services from a store that serves both walk-in customers and online customers. The online store system presents an online display of all the items they want to sell. This Application helps customers to choose...
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We study the impact a redistribution of income has on the decisions of a health care innovator and the utility of … consumers. We find that income redistribution from rich to poor increases the quality of the medical innovation, reduces its … price and increases the utility of some of the consumers whose income is reduced through the redistribution. -- Health care …
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