Similar Search Results

Bruijn, Bert de; Franses, Philip Hans - Tinbergen Instituut - 2012

A Forecast Support System (FSS), which generates sales forecasts, is a sophisticated business analytical tool that can help to improve targeted business decisions. Many companies use such a tool, although at the same time they may allow managers to quote their own forecasts. These sales...

Persistent link: https://www.econbiz.de/10011256019

Digital Destinations in the Tourist Sector: A Path Model for the Impact of e-Services on Tourist Expenditures in Amsterdam

Neuts, Bart; Romao, Joao; Nijkamp, Peter; Leeuwen, … - Tinbergen Instituut - 2013

Innovations in information and communication technologies (ICT) in recent decades have had profound implications for tourism services, promotion, or distribution. We apply a Structural Equations Model (SEM) to analyse the relationships between the characteristics of tourists visiting Amsterdam,...

Persistent link: https://www.econbiz.de/10011256212

A Joint Framework for Category Purchase and Consumption Behavior

Oest, Rutger van; Paap, Richard; Franses, Philip Hans - Tinbergen Instituut - 2002

We propose a consistent utility-based framework to jointly explain a household's decisions on purchase incidence, brand choice and purchase quantity. The approach differs from other approaches, currently available in the literature, as it is able to take into account consumption dynamics. In the...

Persistent link: https://www.econbiz.de/10011256387

Which Brands gain Share from which Brands? Inference from Store-Level Scanner Data

Oest, Rutger van; Franses, Philip Hans - Tinbergen Instituut - 2003

Market share models for weekly store-level data are useful to understand competitive structures by delivering own and cross price elasticities. These models can however not be used to examine which brands lose share to which brands during a specificperiod of time. It is for this purpose that we...

Persistent link: https://www.econbiz.de/10011256434

A New Multivariate Product Growth Model

Boswijk, H.P.; Fok, D.; Franses, P.-H. - Tinbergen Instituut - 2006

To examine cross-country diffusion of new products, marketing researchers have to rely on a multivariate product growth model. We put forward such a model, and show that it is a natural extension of the original Bass (1969) model. We contrast our model with currently in use multivariate models...

Persistent link: https://www.econbiz.de/10011257286

Forecasting Earnings Forecasts

Bruijn, Bert de; Franses, Philip Hans - Tinbergen Instituut - 2013

We analyze earnings forecasts retrieved from the I/B/E/S database concerning 596 firms for the sample 1995 to 2011, with a specific focus on whether these earnings forecasts can be predicted from available data. Our main result is that earnings forecasts can be predicted quite accurately using...

Persistent link: https://www.econbiz.de/10011255828

How Informative are the Unpredictable Components of Earnings Forecasts?

Bruijn, Bert de; Franses, Philip Hans - Tinbergen Instituut - 2015

An analysis of about 300000 earnings forecasts, created by 18000 individual forecasters for earnings of over 300 S&P listed firms, shows that these forecasts are predictable to a large extent using a statistical model that includes publicly available information. When we focus on the...

Persistent link: https://www.econbiz.de/10011256066

Banking and Trading

Boot, Arnoud W.A.; Ratnovski, Lev - Tinbergen Instituut - 2012

inefficiencies.A bank may allocate too much capital to trading ex-post, compromising the incentives to build relationships ex …

Persistent link: https://www.econbiz.de/10011256147

Giants at the Gate: On the Cross-Section of Private Equity Investment Returns

Lopez-de-Silanes, Florencio; Phalippou, Ludovic; … - Tinbergen Instituut - 2011

We examine the determinants of private equity returns using a newly constructed database of 7,500investments worldwide over forty years. The median investment IRR (PME) is 21% (1.3), gross offees. One in ten investments goes bankrupt, whereas one in four has an IRR above 50%. Only one ineight...

Persistent link: https://www.econbiz.de/10011256257

Market Liquidity, Investor Participation and Managerial Autonomy: Why do Firms go Private?

Boot, Arnoud W.A.; Gopaian, Radhakrishnan; Thakor, Anjan V. - Tinbergen Instituut - 2006

their extent of intervention in management decisions and in turn curtails managerial incentives. By contrast, because of its … illiquidity, private ownership provides a stable shareholder base and improves these inputprovision incentives but results in a … the stock price level and volatility and on the public firm's incentives to go private, thereby providing a link between …

Persistent link: https://www.econbiz.de/10011256406