Social network utility and the economics of risk: the case of HIV

Article Abstract:

The increase in risky behavior and overall health costs of society result when human immunodeficiency virus (HIV) infected people are deprived of their needs. Public transfers that are unsuccessful in satisfying the needs of persons suffering from HIV may be a contributing factor to the increase in risky behavior. Another factor is the lack of resources of network altruists that are necessary in filling the inadequacy of public transfers.

Sick People, Social aspects, Risk (Economics), HIV patients

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The competition of user networks: ergodicity, lock-ins and metastability

Article Abstract:

User network competition is modeled in terms of a continuous-time Markov process. A metastable state and lock-in regimes can coexist despite the market being characterized by monopoly.

Monopolies

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The impact of endowment framing on market prices - an experimental analysis

Article Abstract:

The effect of framing on decision making in experimental markets is examined in detail. Both positive and negative framing are examined, and differences are noted.

Pricing

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