Showing 1 - 10 of 68
Consumer value may be defined as a tool to measure the prolonged satisfaction and an on-going propensity to buy the product and services. Though there are many issues floating in an on-going debate about the consumer value, it may be argued that the consumer value in terms of the level of...
Persistent link: https://www.econbiz.de/10005561800
bundles generate a strong competition advantage in such a though competition market with easy- copied products as retail … bundles in retail banking sector and show how the system of bundles provide an extra value for a customer and profit for a … bank as well. Application of bundling strategies in retail banking reduces a bank's variable cost for selling, secures both …
Persistent link: https://www.econbiz.de/10005134983
Identifies and quantifies restrictions affecting domestic and international trade in distribution services - mainly wholesaling and retailing - in 38 economies, including Australia. The paper also explores the price and cost implications of restrictions in food distribution services.
Persistent link: https://www.econbiz.de/10005408306
Competition Principles Agreement. The Commission was asked to report on the preferred option for regulation, if any, of the …
Persistent link: https://www.econbiz.de/10005135034
annual report design and presentation and the financial practices of Australian companies. …
Persistent link: https://www.econbiz.de/10005556883
The idea of architectures of control is introduced through examples ranging from urban planning to digital rights management, and the intentions behind their use in consumer products are examined, with reference to case studies of printer cartridges and proposed ‘optimum lifetime products.’...
Persistent link: https://www.econbiz.de/10005118858
-announced schedule de facto acts as a commitment not to adjust in intermediate periods. We find that at short horizons gains from such … commitment outweigh welfare costs of central bank's inaction. Second, we solve for the optimal frequency of policy adjustment and …
Persistent link: https://www.econbiz.de/10005076774
degrees of credibility, in which commitment and discretion become special cases of what we call quasi commitment. The monetary … policy authority is assumed to formulate optimal commitment plans, to be tempted to renege on them, and to succumb to this … from commitment accrue at relatively low levels of credibility. In our benchmark calibration, a commitment expected to last …
Persistent link: https://www.econbiz.de/10005076809
In a seminal paper Bagwell (1995) claims that the first mover advantage, i.e. the strategic benefit of committing oneself to an action before others can do, vanishes completely if this action is only imperfectly observed by second movers. In our paper we report on an experimental test of this...
Persistent link: https://www.econbiz.de/10005125567
Using a closed-economy model, Jensen (2002) and Walsh (2003), have, respectively shown that a policy regime that optimally targets nominal income growth (NIT) or the change in the output gap (SLT) outperforms a regime that targets inflation, because NIT and SLT induce more inertia in the actions...
Persistent link: https://www.econbiz.de/10005126421