Organizing Time Exchanges: Lessons from Matching Markets

Organizing Equity Exchanges

In the last years equity exchanges have diversified their operations into business areas such as derivatives trading, posttrading services, and software sales. Securities trading and post-trading are subject to economies of scale and scope. The integration of these functions into one institution ensures efficiency by economizing on transactions costs. Using balanced panel data from major equity...

Employers ’ Use of Health Insurance Exchanges : Lessons from Massachusetts

Designing and regulating health insurance exchanges: lessons from Massachusetts.

The Massachusetts health care reform provides preliminary evidence on the function of health insurance exchanges and individual insurance markets. This paper describes the type of products consumers choose and the dynamics of consumer choice. Evidence shows that choice architecture, including product standardization and the use of heuristics (rules of thumb), affects choice. In addition, while ...

Care Markets in England: Lessons from Research

Ten Lessons from the Military to Markets

This article is based on the content analysis of two comprehensive presentations made in August 2009. The first was made by General Sarath Fonseka, the former Army Commander, at an event organized by the Postgraduate Institute of Management Alumni (PIMA). The second presentation was made by the Defence Secretary, Mr Gothabaya Rajapaksa at Business Today Top 10 Corporate Awards ceremony. The lis...