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This article adopts Becker's allocation of time framework to describe households' choices concerning both their monetary and time use expenditures in order to propose a new method to derive price elasticity at a micro level. Price and full income elasticities are estimated on a matching of a...
Persistent link: https://www.econbiz.de/10011025546
Differentiated prices, bundling, Web auctions : firms' pricing practices are evolving. When there is no market or for customised pricing, the willingness-to-pay concept seems to be interesting. This article aims at presenting a synthesis of the marketing research stream relative to willingness...
Persistent link: https://www.econbiz.de/10008790743
The sale of ideas (e.g. through licensing) facilitates vertical specialization and the division of labor between research and development. This specialization can improve the overall efficiency of the innovative process. However, these gains depend on the timing of the sale: the buyer of an idea...
Persistent link: https://www.econbiz.de/10009368491
Project Portfolio Management (PPM) is a growing issue in both professional and academic circles. The typology of Cooper et al. (1998) has pictured the variety of PPM formalized approaches into four types (financial, strategic, scoring and “bubble diagram”). While the use of formalized...
Persistent link: https://www.econbiz.de/10008791076
External referencing (ER) imposes a price cap for pharmaceuticals based on prices of identical products in foreign …
Persistent link: https://www.econbiz.de/10008793124