Consumers possess limited capacity to process technical information concerning the characteristics of products. As a result, two forms of regulation (e.g., by the FDA or FTC) sometimes appear in the form of requirements for more understandable information about the product or restrictions on the...

This paper reports a study which developed and empirically tested a simulation model of the process by which zoning ordinances are altered to adapt to the changing needs and conditions of a city. The perceived decision rules of the participants are reported in the form of flow charts which...

Quotas, commissions and mixtures of the two are widely used to control salesmen's activities both in terms of overall motivation and as decentralized means to direct allocation of effort over various products in the firm's line. Sales commission plans as allocation devices for a...