prevalent when consumers feel empathy and compassion for workers and want to show gratitude for good service, suggesting that …

This paper derives a model of maintenance expenditures from an analytical framework in which maintenance, utilization … and service life are appropriately integrated and estimates it with the help of automobile data from Greece. On the … relevant literature as important determinants of maintenance expenditures. Also the model yields sharp sign predictions for the …

We draw on three strands of literature dealing with utilization, maintenance, and scrapping in order to analyze the …-period service life model and extending it in three directions: first, by associating the physical deteriora-tion of equipment to the … intensity of its utilization and maintenance; second, by ex-panding on the range of explainable operating policies to allow for …

We draw on three strands of literature dealing with utilization, maintenance, and scrapping in order to analyze the …-period service life model and extending it in three directions: first, by associating the physical deteriora-tion of equipment to the … intensity of its utilization and maintenance; second, by ex-panding on the range of explainable operating policies to allow for …

include regenerating indigenous forest would optimally design contracts for trades of the new good, “carbon sink credits”. The … designing contracts. In the context of a simple numerical example I discuss the constraints that the market puts on contracts … designs impose the risk on those most able to address or absorb it. I illustrate the potential gains from sink contracts with …

-term supply contracts and procurement in the spot market are compared. A capacity constrained service provider and a buyer of such … service choose among three different transaction forms: spot procurement, minimum purchase commitment and quantity flexibility … contracts. The ultimate demand the buyer has to satisfy and the spot market price of the input she has to purchase from the …

Labor contracts that result in dismissals are quite common in the real world. The question that arises is why employers … such behavior can be explained by workers' understandable unwillingness to agree to contracts that an employer will not …