Microsoft's Pricing of Windows: A Reply to Reddy, Evans, Nichols, and Schmalensee
Despite arguments to the contrary, PCheterogeneity may go a long way towardexplaining why the price ofWindows might be as low as it is.
A Monopolist Would Still Charge More for Windows: A Comment on Werden's Reply
Werden's reply to our comment does nothing to cast doubt on our fundamental conclusion: Microsoft's pricing of Windows is inconsistent with thegovernment's claim that Windows is a monopoly, protected by high entry barriers.
Key Considerations for an Economic and Legal Framework Facilitating Medical Travel
Medical travel has the capacity to counter increasing costs of health care by creating new markets and increased revenue for health services, potentially benefiting local populations, economies, and health-care systems. This paper is part of a broad, comprehensive project aimed at developing a global health access policy (GHAP). It presents key issues to consider in terms of ensuring economic viability, sustainability, and limiting risk to the many stakeholders involved in the rapidly expanding industry of medical travel. The noted economic and legal barriers to medical travel are based on a synthesis of themes found in an extensive review of the available literature. Economic considerations, when setting up a GHAP, include a dynamic approach to pricing that is fair to the local population. Legal considerations include the implementation of international quality standards and the protection of the rights of those traveling as well as those of local populations in recipient countries. By taking into account these opportunities, the GHAP will more adequately address existing gaps in the economic and legal regulation of medical travel.