We investigate alternative methods for constructing quality-adjusted medical price indexes both from a theoretical perspective and empirically usingmedical claims data. A method based on utility theory produces the most robust and accurate results, while the alternative methods used in recent...

Software patents have been controversial since the days when "software" referred to the crude programs that came free with an IBM mainframe. Different perspectives have been presented in judicial, legislative, and administrative fora over the years, and the press has paid as much attention to...