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Recent papers show that all-pay auctions are better at raising money for charity than first-price auctions with … complete information. In this paper, we consider a framework on charity auctions with asymmetric bidders under some incomplete … seriously considered when one wants to organize a charity auction. …
Persistent link: https://www.econbiz.de/10009148030
degree including charity can be understood within the ensemble concept. In an ensemble transfer of substrate from a source to …
Persistent link: https://www.econbiz.de/10011107714
This study demonstrates how ethical attributes of goods affect market outcomes on the basis of market data and actual ethical campaigns. Among the various types of such attributes, such as eco-label and fair trade label, I focus on cause-related marketing (CRM), which economists study less...
Persistent link: https://www.econbiz.de/10011109216
In the literature on firm strategy and product differentiation, consumer price-quality trade-offs are sometimes represented using consumer “value maps”. These involve the geometric representation of indifferent price and quality combinations as points along curves that are concave to the...
Persistent link: https://www.econbiz.de/10005835837
A strong motivation to replace the comparative advantage theory with the competitive advantage theory is given by the significant change of the present economic conditions comparing with the old conditions that inspired the competitive advantage issues. The dynamic character of the market...
Persistent link: https://www.econbiz.de/10005835900
The noted management guru Michael E Porter identifies seven unique competitive advantages for the U.S. economy to explain the country’s pre-eminence; they range from (among others) its environment for entrepreneurship, its institutions of higher learning, its technology and innovation machine,...
Persistent link: https://www.econbiz.de/10011258431
Following the outbreak of global economic crisis, firms have had to realize that competitive advantage is one of the tools to ensure their long-term success in the market and that it also helps to eliminate the impacts of such crisis. Enterprises are, as a result of crisis, forced to find new...
Persistent link: https://www.econbiz.de/10011258540
Seen first as an art, " dell'arte della scrittura venezziana " as he called Luke Paciolo accounting became in turn a technique , a science , a language formalized a social game and, more recently , a techno- science. Long preserved and still used the phrase " art of manipulating figures " which...
Persistent link: https://www.econbiz.de/10011258700
The current period is one full of unforeseen changes. A major problem for most Slovak businesses, as well as foreign companies finding themselves in a difficult and turbulent business environment, is the difficulty to find good quality employees. Even after they found them, it is difficult to...
Persistent link: https://www.econbiz.de/10011258889
The paper aims at emphasizing the importance of business ethics in long term competitive advantage. Ethics is the basis for human relationships. It is reflected in the quality of our relationships and all members of our society must understand the importance of ethics as it is the basis of a...
Persistent link: https://www.econbiz.de/10011259072