Showing 1 - 10 of 338
informational problems. We show that, as a consequence of this trade-off, more intense competition in unregulated segments of the … can lead to a softer merger policy when competition is weaker. …
Persistent link: https://www.econbiz.de/10011252548
customization. The aim is to analyze the degree to which service firms utilize CRM technology, customize services and store customer … helps in increasing organizational performance. However, customization is not always the practice of the service firms. …
Persistent link: https://www.econbiz.de/10011107962
research. We show that this problem can be solved by local competition (such as bribery, lobbying, rent seeking, competition at … the patent office) among players who apply the same search strategies or develop the same design. Such competition can … restore full efficiency in the non-cooperative equilibrium. Local competition interacts with the choice of whether to cluster …
Persistent link: https://www.econbiz.de/10011096160
We present a micro-founded model of design, that provides a framework in which design leads to demand rotations. We show simple sufficient conditions that determine when design should be extreme (fully standardized or fully tailored) or rather be only partially tailored.
Persistent link: https://www.econbiz.de/10011111146
We endogenize product differentiation in a model of sequential search with random firm-consumer match value à la Wolinsky (1986) and Anderson and Renault (1999). We focus on a product design choice by which a firm can control the dispersion of consumer valuations for its product; we interpret...
Persistent link: https://www.econbiz.de/10009211231
This paper proposes a new measure of firm information asymmetry. The information asymmetry measure is based on causality tests relating repurchase information to firm returns. Our results indicate that firms with greater information asymmetry show larger abnormal returns surrounding the...
Persistent link: https://www.econbiz.de/10011110229
Still today Cameroon is suffering from a shy landscape of entrepreneurship and a private sector constituted at 90% by SMEs confronted to a lack of funding; The situation tends to increase with the advent of financial crisis. It is in this framework that this study tries to make an identification...
Persistent link: https://www.econbiz.de/10011257695
An identification and analysis of practices for providing consumer information in Bulgaria and their potential to disclose information about products to consumers are presented. Third party certification, labelling and comparative testing of products has been proven to effectively contribute for...
Persistent link: https://www.econbiz.de/10011257728
Pay What You Want (PWYW) pricing has received considerable attention recently. Empirical studies show that when PWYW pricing is implemented buyers do not behave selfishly in a number of cases and that some sellers are able to use PWYW to increase turnover as well as profits. In this paper we...
Persistent link: https://www.econbiz.de/10011258973
Third party certification provides assurance to consumers that the information supplied by firms is correct. Consumers may question the validity of the information provided by firms, particularly for credence goods. Third party certification provides consumers with an objective evaluation of the...
Persistent link: https://www.econbiz.de/10011259052