Software such as operating systems, word processing, spreadsheets, graphics, and others often serves as a base for a number of third-party add-in products or plug-ins. These add-ins enhance the functionality of the base product. Unless protected by patents, these add-ins can potentially be bundled into the base software. The impact of this bundling on the profits of the base software producer a...

Corporate retained profits have well-determined effects on both total and non-durable consumers’ expenditure, with coefficients which do not differ significantly from those on disposable income in a standard consumption function; the effects also appear in a life-cycle model which excludes disposable income. Retentions convey no useful information about future values of the other arguments of e...

Health care is changing dramatically for those who seek care and for those who deliver it. The Patient Protection and Affordable Care Act will bring health care coverage to millions of consumers who previously could not afford or did not want health insurance. For many people, the health benefit exchange experience will present them with a variety of choices and complexities to consider. These ...