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We study the link between price points and price rigidity using two data sets: weekly scanner data and Internet data. We find that “9” is the most frequent ending for the penny, dime, dollar, and ten-dollar digits; the most common price changes are those that keep the price endings at...
Persistent link: https://www.econbiz.de/10009352340
This paper addresses the web service composition problem considering multi-criteria regarding quality of services (QoS). Three different scenarios of multi-criteria mathematical programming models are explored under the framework of network based analysis in web service composition. This work...
Persistent link: https://www.econbiz.de/10010990639
This article examines the paradox that a supermajority rule in a legislature promotes excessive government spending. We propose a simple conjecture: If rent-seeking coalitions dominate legislative politics and if individual legislators' demands for rent-seeking activities are price-inelastic, a...
Persistent link: https://www.econbiz.de/10010735098