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Commission, Productivity - EconWPA - 2003

On 21 March 2002 the Treasurer referred the post-2005 assistance arrangements for the automotive manufacturing sector to the Commission for inquiry and report. The Commission identified three options for the reduction of tariffs, with the Government accepting the Commission’s preference for...

Persistent link: https://www.econbiz.de/10005077073

Shattering the Myth of Costless Price Changes: Emerging Perspectives on Dynamic Pricing

Bergen, Mark; Ritson, Mark; Dutta, Shantanu; Levy, Daniel; … - EconWPA - 2005

In this paper we argue that pricing is all about price changes, and that the costs of price changes are often simultaneously subtle and substantial. We discuss a framework to deal with the dynamics of changing prices. This framework incorporates customer interpretations of price changes, an...

Persistent link: https://www.econbiz.de/10005556152

Comparison between minimum purchase, quantity flexibility contracts and spot procurement in a supply chain

Brusset, Xavier - EconWPA - 2005

When, in a supply chain, a supplier and a buyer have the choice of transaction form to do business, the equilibrium transaction form which emerges is much more constrained than previously envisaged in literature. In this paper, two forms of long-term supply contracts and procurement in the spot...

Persistent link: https://www.econbiz.de/10005556373

The Changing Concept of Financial Risk

LOS, CORNELIS A. - EconWPA - 2004

financial risk based on asset classes only is ready for a epistemological change. Currently, the definition of financial risk … suffers from three major deficiencies: (1) financial risk is insufficiently measured by the conventional second - order … moments; (2) financial risk is assumed to be stable and all distribution moments are assumed to be time-invariant; and (3 …

Persistent link: https://www.econbiz.de/10005077030

Gains and losses: the same or different choices? A “non-ideal” economics approach.

Harin, Alexander - EconWPA - 2005

Ideal economics? A “non-ideal” economics approach has been proposed, which considers the possibility of arrangement infringements. It gives promises for both solving fundamental problems of economic theory and creation of new directions and fields of research. The approach application in...

Persistent link: https://www.econbiz.de/10005124942

Arrangement Infringement Possibility Approach: Some Economic Features of Large-Scale Events

Harin, Alexander - EconWPA - 2004

The definition of arrangement infringement has been given. Several characteristics of hurricanes as large-scale events and objectives for the first stages of insurance data analysis have been sketched out. Scale hypotheses, insurance and investment problems have been formulated.

Persistent link: https://www.econbiz.de/10005124993

Gains and losses. The same or different choices?

Harin, Alexander - EconWPA - 2005

Arrangements (agreements, contracts, projects, etc.) are widespread economic events and are the fundamental concept of the economic theory. Infringements (breaches, modifications, changes, etc.) of arrangements are common and have a significant importance for the economic theory. For many years...

Persistent link: https://www.econbiz.de/10005125490

Do bilateral investment treaties increase foreign direct investment to developing countries?

Neumayer, Eric; Spess, Laura - EconWPA - 2004

Foreign investors are often skeptical toward the quality of the domestic institutions and the enforceability of the law in developing countries. Bilateral Investment Treaties (BITs) guarantee certain standards of treatment that can be enforced via binding investor-to- state dispute settlement...

Persistent link: https://www.econbiz.de/10005125530

Scientific Revolution. A Farewell to EconWPA.

Harin, Alexander - EconWPA - 2005

A revolution in economics. Is it possible? Is its concept a transition from ideal to real economics? The way to the transition may be a new aspect of uncertainty. Problems, which can be solved, research fields, which can be augmented or created, and fields of applications in practical economy...

Persistent link: https://www.econbiz.de/10005126070

Private Crop Insurers and the Reinsurance Fund Allocation Decision

Coble, Keith; Dismukes, Robert; Glauber, Joseph - EconWPA - 2005

different risk sharing arrangements. Thus, firm earnings are conditioned upon accurately forecasting policy loss experience. Our … analysis begins with models investigating the characteristics explaining the placement of policies into the assigned risk fund …

Persistent link: https://www.econbiz.de/10005126096