In this paper we aim to remedy some shortcomings in the economic literature on university student absenteeism and academic performance. We start by introducing a simple theoretical model in which students decide the optimal allocation of their time between lecture attendance, self-study and...

In this paper we explore the possibility, heretofore unexplored in the marketing literature, that firms “invest funds” in their pricing processes. This builds on some of the recent economic work on the costs of price adjustment. To do this we undertook a two-year, cross- disciplinary,...