Similar Search Results

The impact of coordination and information on transport procurement

Brusset, Xavier - EconWPA - 2005

Transport cost is second in importance after production cost in industry. It is the purpose of the present paper to study the impact of information sharing and contractual instruments between a supply chain and its transport suppliers. After reviewing the literature, we propose a model to...

Persistent link: https://www.econbiz.de/10005561824

Bundling Models in Retail Banking Sector /in Slovakia/

Fusek, Peter - EconWPA - 2004

The current overview of bundling theory is combined with author's experiences of its practical application into several step-by-step guidelines. These models consist of the whole process of the construction and performance appraisal of product bundles in retail banking sector and show how the...

Persistent link: https://www.econbiz.de/10005134983

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 … future pricing processes, and an understanding of the role that supply chains play in price change strategy. The framework … processes should be invested in to improve pricing effectiveness in the future. …

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

Keynes’ Metaphor of the Newspaper Competition: A Model

Sanyal, Amal - EconWPA - 2005

Keynes’ General Theory provides an interesting metaphor for asset markets: they are like newspaper competitions where contestants have to pick up the six prettiest faces from a hundred photographs, and the prize would go to one whose choice is closest to the average preferences. Keynes did not...

Persistent link: https://www.econbiz.de/10005126429

Endogenous Market Thickness and Honesty : A Quality Trap Model

Bandyopadhyay, Siddhartha - EconWPA - 2004

Many emerging or transition economies lack institutional arrangements (like ISO certification) to credibly signal product quality. The absence of such institutions leads to low levels of market activity with poor quality products on sale. In this paper, we use a dynamic framework with asymmetric...

Persistent link: https://www.econbiz.de/10005412865

Low Information Games - Experimental Evidence on Learning in Ultimatum Bargaining

Slembeck, Tilman - EconWPA - 1999

This paper reports experimental evidence on behaviour in an Ultimatum Game where responders have low structural information and feedback so that they have to learn the nature of the game during repeated play. The results lend support to the view that certain learning conditions are less...

Persistent link: https://www.econbiz.de/10005125583

Universally Stable Adjustment Processes - A Unifying Approach

Herings, P.J.J. - EconWPA - 2001

Persistent link: https://www.econbiz.de/10005125648

Sons of Something: Taxes, Lawsuits and Local Political Control in Sixteenth Century Castile

Drelichman, Mauricio - EconWPA - 2005

The widespread ennoblement of the Spanish bourgeoisie in the sixteenth century has been traditionally considered one of the main causes of Iberian decline. I document and quantify the surge in ennoblement through a new time series of nobility cases preserved in the Archive of the Royal Chancery...

Persistent link: https://www.econbiz.de/10005125846

An interview with Thomas C. Schelling: Interpretation of game theory and the checkerboard model

Aydinonat, N. Emrah - EconWPA - 2005

This note is mainly based on a short interview with Thomas C. Schelling (TCS), who shared the Nobel Prize with Robert J. Aumann in 2005. The interview took place on 06.03.2001 at University of Maryland, College Park, USA. It consists of two parts. The first part is about his interpretation of...

Persistent link: https://www.econbiz.de/10005126069

Endogenous Games and Mechanisms: Side Payments Among Players

Jackson, Matthew O.; Wilkie, Simon - EconWPA - 2002

We characterize the outcomes of games when players may make binding offers of strategy contingent side payments before the game is played. This does not always lead to efficient outcomes, despite complete information and costless contracting. The characterizations are illustrated in a series of...

Persistent link: https://www.econbiz.de/10005134969