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Single-Desk Marketing: Assessing the Economic Arguments identifies the potential benefits and costs and the strengths and weakness of various arguments in favour of current single-desk arrangements. It does not attempt to quantify the costs and benefits of arrangements in any particular industry.
Persistent link: https://www.econbiz.de/10005407820
Wine brokers are wholesale intermediaries. They belong to the category of the matchmaker intermediaries. These … middlemen are not well known. Their role is to help buyers and sellers of bulk wine to meet and transact. Assuming that wine …, negotiation costs, and monitoring and enforcement costs of a transaction on bulk wine. A data base of contracts on bulk vins de …
Persistent link: https://www.econbiz.de/10005561471
I estimate the effect of team production on labor productivity and product quality using a cross section of British establishments. A distinguishing feature of this study is its use of a structural model that treats as endogenous the organizations’ choices of teams and whether or not to grant...
Persistent link: https://www.econbiz.de/10005556846
Persistent link: https://www.econbiz.de/10005119338
The Klein-Leffler (1981) model of product quality does not explain why high-quality firms would dissipate the rents they earn from quality- assuring price premia, and it relies on consumers knowing the cost functions of firms. In the present paper, consumers do not know any firm's cost of...
Persistent link: https://www.econbiz.de/10005561438
Economic phenomena are interrelated. From a growth perspective, time analysis concerning the choices of present and future consumption and the choices between the allocation of scientific resources should be combined with a space analysis regarding the dissemination of economic activity through...
Persistent link: https://www.econbiz.de/10005124884
, to choose how to allocate technological inputs. A technology choices model is developed, where scarce scientific … resources are alternatively allocated to basic science activities and to applied technology uses. We find that saddle path … objective function, that is, for a second-order Taylor series approximation of a felicity function regarding technology …
Persistent link: https://www.econbiz.de/10005124964
The relations between the riches of nations and the riches of Productive Knowledge (Technology) gains increasing … production, i.e., technology or productive knowledge, gives occasion to a dynamic and uninterrupted growth process, but … technology itself is the product of mental labor. In support of this assertion, a simple model of growth based on productive …
Persistent link: https://www.econbiz.de/10005125665
workers. The paper shows technology has played the dominant role in changing employment patterns in Australia. The finding is …
Persistent link: https://www.econbiz.de/10005125725
After decades of slow growth since Independence from the British Raj, Indian economy registered its own small miracle, when growth rate of GDP per capita surpassed the long term growth rate of many advanced economies. What caused this miracle? In this paper, we search for an answer in the...
Persistent link: https://www.econbiz.de/10005126360