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Real markets evolve over time. They often exhibit complex behaviors, such as auto-correlation, continuity, and non-stationarity. How do these behaviors affect channel contracting? We study the problem in a bilateral channel where the retailer has private information on evolving market...
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Peter Principle, but located within the nexus of consumption culture and the marketing basis for the promotion of the goods …
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The concept of marketing is neither complicated nor original. ‘The customer is always right’ is a view that has been … cited ever since the Industrial Revolution. Marketing acknowledges consumer sovereignty and this has now developed into a … management discipline. The subject of marketing as a management discipline originated in the USA in the 1950s, but its origins go …
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