Homebuyer Purchase Decisions: Are They Anchoring to Appraisal Values or Market Prices?

Toxic Christmas and New Year Holiday Plants...or Are They?

Background: Poinsettia (Euphorbia pulcherrima), holly (Ilex opaca) and mistletoe (Phoradendron flavescens) adorn homes during the Christmas and New Year holiday season and create the potential for curious children to sample their colorful leaves and enticing berries. This study was aimed to review the American Association of Poison Control Centers National Poison Data System (AAPCC NPDS) to des...

Are input prices irrelevant for make-or-buy decisions?

The 1996 Telecommunications Act requires incumbent providers to lease network inputs to rivals at cost-based prices in order to jump-start competition. Sappington (Sappington, D. (2005). American Economic Review, 95(5), 1631–1638) uses the Hotelling model to show that input prices are irrelevant for an entrant’s decision to make or buy an input required for downstream production. We show that t...

Return-to-play decisions: are they the team physician's responsibility?

OBJECTIVE Return-to-play (RTP) decisions are a central component of the Team Physician's clinical work, yet there is little more than anecdotal reference to these in the literature. We recently published a 3-step model for return-to-play medical decision making and, in the current paper, undertook a systematic review of the literature to determine the level of evidence in support of this model....

Are Subjects Making Financial Decisions in Lab Auctions or Are They Just Gambling?

Store Sales and Panel Purchase Data: Are They Compatible?

The authors examine the compatibility of price elasticity estimates obtained from store sales and panel purchase data. If the store and panel models are not comparable, comparison of the estimates could be confounded since differences could arise due to data and/or model related effects. To overcome this confound, analytically equivalent models are specified for store and panel data. This ensur...