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We analyze differentiated retail industries where shops engage in two-stage competition with respect to opening hours and prices. We explore the effects of consumers' shopping time flexibility by comparing bi-directional consumers with forward- or backward-oriented consumers, who can either...
Persistent link: https://www.econbiz.de/10010278064
Many scholars underline the significance of clusters for knowledge spillovers and related benefits in terms of innovation and firm competitiveness. The Industry 4.0 technological scenario emphasizes dispersed technologically interconnected activities and distributed knowledge management...
Persistent link: https://www.econbiz.de/10014525571
The main goal of the study was to examine or investigate the impact of strategic management practices on the growth of SMEs in Ghana. Purposive sampling technique was employed to sample 190 SMEs in Accra, though 150 SMEs responded to the questionnaire. With the help of SPSS version 22, Multiple...
Persistent link: https://www.econbiz.de/10012703674
resulting merged subgame perfect equilibria show that there is strictly more merging under contest than under Cournot … competition. We also compare our findings with the previous results on contest models with delegation and find that the outcomes …
Persistent link: https://www.econbiz.de/10010317662
resulting merged subgame perfect equilibria show that there is strictly more merging under contest than under Cournot … competition. We also compare our findings with the previous results on contest models with delegation and find that the outcomes …
Persistent link: https://www.econbiz.de/10011539675
We contribute to the literature on cross shareholdings and board interlocks in Italy which finds possible evidence of enlarged collusion, that is, collusion established through board interlocks among companies that do not necessarily operate in the same business sector. We focus on the Italian...
Persistent link: https://www.econbiz.de/10013127863
The primary role of equity compensation is to provide incentives to an effort-averse agent. Here, we show that the chosen level of equity incentives, when publicly disclosed, will also convey information about future earnings, causing two-way linkages between incentive compensation and financial...
Persistent link: https://www.econbiz.de/10013131447
We study experimentally how entry into a market with uncertain capacity is affected by the type of information potential entrants have available. Our focus is on behavior in a two-market entry game. In the risky information market there are two possible market capacities, both known to occur...
Persistent link: https://www.econbiz.de/10013137914
Consumer advocates won a victory with the passage of the Credit Card Accountability Responsibility and Disclosure Act of 2009. (Credit Card Act). The Credit Card Act bans certain pricing practices that were confusing to credit card users. Ironically, the seeds of this legislative victory may...
Persistent link: https://www.econbiz.de/10013116346
The research article presents the highly innovative theoretical research results:1) the new quantum microeconomics theory in the quantum econophysics science is formulated; the idea on the existence of the discrete-time induced quantum transitions of firm's earnings (the firm's value) in the...
Persistent link: https://www.econbiz.de/10013014601