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The Effects of Capacity on Sales Under Alternative Vertical Contracts

Ioannou, Ioannis - 2008

Retailer capacity decisions can impact sales for products by affecting, for example, availability and visibility. Using data from the U.S. video rental industry, we report estimates of the effect of capacity on sales. New monitoring technologies facilitated new supply contracts in this industry,...

Persistent link: https://www.econbiz.de/10012464036

The Economics of Recycling Heterogeneity

Fullerton, Don; Kinnaman, Thomas C. - National Bureau of Economic Research - 2024

We summarize the economics of recycling municipal solid waste. OECD data suggest that aggregate recycling rates in … member countries have plateaued in recent decades. United States recycling rates for some materials remain low, even after … decades of learning and participation. Major new policies may be required to increase recycling rates. Aggregate recycling …

Persistent link: https://www.econbiz.de/10015072922

Cash burns : An inventory model with a cash-credit choice

Alvarez, Fernando - 2015

We present a model that characterizes the relationship between optimal dynamic cash management and the choice of the means of payment. The novel feature of the model is the sequential nature of the payments choice: in each instant the agent can choose to pay with either cash or credit. This...

Persistent link: https://www.econbiz.de/10012457556

Inventories

Ramey, Valerie A. - 1997

We review and interpret recent work on inventories, emphasizing empirical and business cycle aspects. We begin by documenting two empirical regularities about inventories. The first is the well-known one that inventories move procyclically. The second is that inventory movements are quite...

Persistent link: https://www.econbiz.de/10012472499

Measuring Noise in Inventory Models

Durlauf, Steven N. - 1993

This paper has two purposes. One is to assess different models of inventory behavior in terms of their ability to well approximate the realized data on inventories. We do this initially for the pure production smoothing model and then for a sequence of generalizations of the model. Our analysis...

Persistent link: https://www.econbiz.de/10012474458

Inventory Models

West, Kenneth D. - 1993

Econometric aspects of recent research on inventory models are surveyed. The discussion emphasizes issues relevant to instrumental variables estimation of a first order condition of the Holt et al. (1960) linear quadratic inventory model, including choice of instruments, covariance matrix...

Persistent link: https://www.econbiz.de/10012474501

Optimal Price and Inventory Adjustment in an Open-Economy Model of the Business Cycle

Flood, Robert P. - 1983

This paper develops an open-economy macroeconomic model which can be used to interpret the observed fluctuations in output, inventories,prices,and exchange rates in the medium-sized economies of the world. The model is consistent with the major empirical regularities that have been discovered in...

Persistent link: https://www.econbiz.de/10012478013

Notes on the Economics of Energy Storage

Heal, Geoffrey - 2016

The increasing importance of intermittent renewable energy sources suggests a growing importance for energy storage as a way of smoothing the variable output. In this paper I investigate factors affecting the amount of energy storage needed, including the degree of intermittency and the...

Persistent link: https://www.econbiz.de/10012455928

Expandability, Reversibility, and Optimal Capacity Choice

Dixit, Avinash K. - 1998

We develop continuous-time models of capacity choice when demand fluctuates stochastically, and the firm's opportunities to expand or contract are limited. Specifically consider costs of investing or disinvesting that vary with time, or with the amount of capacity already installed. The firm's...

Persistent link: https://www.econbiz.de/10012472445

Capacity Constraints and the Provision of Public Services : The Case of Workers in Public Health Clinics

Harris, Matthew C. - 2019

Unlike in the production of most goods, changes in capacity for labor-intensive services only affect outcomes of interest insofar as service providers change the way they allocate their time in response to those capacity changes. In this paper, we examine how public sector service providers...

Persistent link: https://www.econbiz.de/10012479657