The market for self-monitoring of blood glucose (SMBG), with all its blood glucose (BG) meters and test strips, has experienced a constant increase in sales for a number of years with a good margin. If you attended the 2012 European Association for the Study of Diabetes meeting in Berlin, you would have gained the impression that this is a truly prosperous business. At least 20 companies from a...

The mechanisms wh(eeby, dietary sodium restriction leads to decreased arterial blood pressure is obscure. Previously reported studies of patients with arterial hypertension showed a lessened pressor response to norepinephrine after sodium restriction. In the present investigations, reduction in pressor response to norepinephrine during the low sodium period was observed only occasionally; sodiu...

Individual voles were tested on successive days under increasing, decreasing, or randomly changing arena size. Locomotor behavior was adjusted to arena size by (i) preserving the same level of activity, (ii) taking longer but less frequent trips in smaller arenas in contrast to taking more frequent yet shorter trips in the larger arenas, and (iii) moving in the entire space available for explor...

We analyze the licensing of a drastic innovation when products are differentiated due to consumer and/or product heterogeneity. We show that an industry insider prefers to divest its production arm and license the new technology as an industry outsider, in which case it can replicate multiproduct monopoly profits. We derive the optimal contracts and the optimal number of licenses by assuming a ...

We model non-drastic technological innovation in a duopoly model with differentiated products. We derive profit functions for both firms which depend on only one variable, the technological gap. As our model derives product demands directly from agent utility we are able to fully describe the welfare effects of innovation. We show that the welfare improvements from innovation come not only as f...