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The outline of a proposed new unbalanced bidding model is discussed. Background is provided as regards the role of item price loading, otherwise known as unbalanced bidding. Three types of loading are described, namely those of ‘front-end loading’, ‘back-end loading’ and ‘quantity...
Persistent link: https://www.econbiz.de/10005407989
The terms of reference for the inquiry on First Home Ownership asked the Commission to evaluate the affordability and availability of housing for first home buyers. The Commission’s preliminary findings were released for public comment in December. In its final assessment, the Commission...
Persistent link: https://www.econbiz.de/10005118887
capital, such as skill in workers and know-how, is important to improve efficiency of the whole logistics system. At the same …In this paper, we have empirically analyzed the factors that lead to longer business relationships in the logistics …-specific assets so as to improve efficiency. Then, we have sound reason to assume that the content of the shared information and the …
Persistent link: https://www.econbiz.de/10005412960
discrimination ensures efficient output decisions given product characteristics, coordination failures may prevent efficiency in the …
Persistent link: https://www.econbiz.de/10005076900
This paper develops a model of pricing and advertising in a matching environment with capacity constrained sellers. Sellers' expenditure on directly informative advertising attracts consumers only probabilistically. Consumers who happen to observe advertisements randomize over the advertised...
Persistent link: https://www.econbiz.de/10005076903
Using a large firm level panel data set from four Asian countries, this paper compares the returns to various internal and external funds. A novel feature of our analysis is that we distinguish between financially constrained and unconstrained firms and determine selectivity-corrected estimates...
Persistent link: https://www.econbiz.de/10005076952
The efficiency of speculative markets, as represented by Fama's 1970 fair game model, is tested on weekly price index … efficiency of nervous systems. In particular, the stationarity and independence of the price innovations are tested over ten … stock market efficiency is: Singapore, Thailand, Indonesia, Malaysia, Hong Kong and Taiwan. Singapore's stock market pricing …
Persistent link: https://www.econbiz.de/10005076962
Suppose an altruistic person, A, is willing to transfer resources to a second person, B, if B comes upon hard times. If B anticipates that A will act in this manner, B will save too little from both agents' point of view. This is the Samaritan's dilemma. The logic of the dilemma has been...
Persistent link: https://www.econbiz.de/10005077070
, subsidies and efficiency the of animal farming. To this end we first have to identify the production frontier and relative … efficiency level for each animal oriented type of farm in the sample. The production frontier and efficiency index for each type … between relative efficiency, farm size and environmentally friendly behavior realizing a non parametric regression of …
Persistent link: https://www.econbiz.de/10005124877
Persistent link: https://www.econbiz.de/10005125814