Many managers face the problem of employee assessment. Face to face meetings are the only source of basic information concerning employee activity and productivity. This unavoidable situation creates an opening for dishonest and misleading behavior whereby employees invest in 'manager relations'...

This paper examines pricing policy, quality levels, consumer surplus and social welfare for the monopoly and non-monopoly case. It is shown that given certain realistic assumptions, the network industry under unregulated monopoly would yield more social welfare than in the case of several...

In this paper we show how the use of a restricted number of coupons in the presence of different types of customers is an effective means of implementing a price discriminating policy. Hence, firm profits can be increased even when traditional price discrimination is forbidden.