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INTERNET AS A NEW TOOL IN THE FIRM STRATEGY OF THE BULGARIAN EXPORT ORIENTED ENTERPRISES
Martchevski, Ivan; Bojinova, Veneta; Iliev, Dragomir - EconWPA - 2003
This paper presents the preliminary results of the research of the Internet usage in the Bulgarian export firms. There … are analyzed such problems as introduction of Internet, motivation to use it, its application and economic effects of its … potential of the Internet technology as an instrument for overcoming barriers, connected with international activity of the …
Persistent link: https://www.econbiz.de/10005119312
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Returns Policies and Retail Price Competition
Padmanabhan, V.; Png, I.P.L. - EconWPA - 2004
We show that returns policies do increase manufacturer profitability by attenuating price competition between retailers. This effect holds only in the presence of end-user demand uncertainty. The conditions under which a returns policy raises the manufacturer's profit are weaker when retailing...
Persistent link: https://www.econbiz.de/10005134512
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Relative Thinking Theory
Azar, Ofer H. - EconWPA - 2005
The article presents a theory that I denote “Relative Thinking Theory,” which claims that people consider relative differences and not only absolute differences when making various economics decisions, even in those cases where the rational model dictates that people should consider only...
Persistent link: https://www.econbiz.de/10005135074
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When Little Things Mean a Lot: On the Inefficiency of Item Pricing Laws
Bergen, Mark; Levy, Daniel; Ray, Sourav; Rubin, Paul; … - EconWPA - 2004
We study item-pricing laws (which require that each item in a store be individually marked with a price sticker) and examine and quantify their costs and benefits. On the cost side, we argue that item-pricing laws increase the retailers’ costs, forcing them to raise prices. We test this...
Persistent link: https://www.econbiz.de/10005412533
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Explicit Evidence on an Implicit Contract
Young, Andrew; Levy, Daniel - EconWPA - 2005
We offer the first direct evidence of an implicit contract in a goods market. The evidence we offer comes from the market for Coca-Cola. We demonstrate that the Coca-Cola Company left a substantial amount of written evidence of its implicit contract with its consumers—a very explicit form of...
Persistent link: https://www.econbiz.de/10005412684
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Loss Leaders: An Indirect Empirical Test
Lee, Tom S.; Png, I.P.L. - EconWPA - 2004
We apply an indirect method to test for the extent of loss leader pricing. Specifically, the extent of loss leader pricing should increase with the profit from other regularly-priced items. Bookstores customarily use bestsellers as loss leaders. Among conventional bookstores, we found that the...
Persistent link: https://www.econbiz.de/10005412883
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Parallel Imports and Music CD Prices
Chen, Yeh-ning; Png, I.P.L. - EconWPA - 2004
Parallel imports are a significant academic and policy issue. Official investigations into the impact of parallel imports on music CD prices have reached widely conflicting conclusions. This note reports an event study on an international panel of changes in copyright law to permit or disallow...
Persistent link: https://www.econbiz.de/10005119281
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Value Creation and Profit Optimization
Winther, K. Tobias - EconWPA - 2002
The present paper develops a basic framework for evaluating and optimizing profits in a business operation. In developing a business we are often faced with an infinity of choices ranging from what products or services to sell and what customers to target to how to structure and manage the...
Persistent link: https://www.econbiz.de/10005561773
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The Bulgarian Banks' competitiveness: the case of Remote banking
Bojinov, Bojidar - EconWPA - 2003
and services via Internet. The remote banking becomes one of the main channels for bank services distribution. This paper … services available via Internet; online application forms; online banking application; other online/remote services. In spite … of the small number of Bulgarian banks, which offer their products and services via Internet, the research shows that …
Persistent link: https://www.econbiz.de/10005076976
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What Bulgarian Banks offer via Internet: an Overview
Bojinov, Bojidar - EconWPA - 2003
services via Internet. The remote banking become one of the main channels for bank services distribution. The Internet … expansion of the Bulgarian banks is at its beginning. The showed results are based on the Internet research, which has aimed to … describe actual picture of Bulgarian banks present in Internet. …
Persistent link: https://www.econbiz.de/10005077027