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RazorGuard Inc., in collaboration with Winsell Inc., is looking to design a new ergonomically shaped and well economically researched razorblade handle. The male shaving accessories industry is primarily controlled by Gillette and Schick, RazorGuard and Winsell have expressed no interest in...
Persistent link: https://www.econbiz.de/10009480985
The aim of this study is to explore ways to maximise the economic returns of road infrastructure investment. In order to achieve this objective, the study was divided into five parts involving the following: analysing the nature of road infrastructure, determining the relationship between road...
Persistent link: https://www.econbiz.de/10009457691
This course, offered by the MIT Center for Real Estate, focuses on developing an understanding of the macroeconomic factors that shape and influence markets for real property. We will develop the theory of land markets and locational choice. The material covered includes studies of changing...
Persistent link: https://www.econbiz.de/10009433231
Academicians and practitioners are becoming increasingly interested inthe economics of Information Technology (IT). In … economics as a reference discipline in theirattempt to answer questions concerning both the value added by IT andthe true cost … theory are represented: information economics,production economics, economic models of organizational performance …
Persistent link: https://www.econbiz.de/10009435059
. Policymakers would not consider constructing monetary policy without the input of some detailed knowledge of economics. Managers …
Persistent link: https://www.econbiz.de/10009437634
Hamilton (2001) makes a number of comments on our paper (Harding and Pagan, 2002b). The objectives of this rejoinder are, firstly, to note the areas in which we agree; secondly, to define with greater clarity the areas in which we disagree; and, thirdly, to point to other papers, including a longer...
Persistent link: https://www.econbiz.de/10009438333
There are many situations in which individuals have a choice of whether or not to observe the eventual outcome. In these instances, individuals often prefer to avoid observing the outcome. The standard von Neumann-Morgenstern (vNM) Expected Utility model cannot accommodate these cases, since it...
Persistent link: https://www.econbiz.de/10009438428
This dissertation addresses a basic difficulty in accommodating other-regarding preferences within existing models of decision making. Decision makers with such preferences may violate the property of stochastic dominance that is shared by both expected utility and almost any model of...
Persistent link: https://www.econbiz.de/10009438432
This dissertation consists of three essays concerning entrepreneurship, venture capital and monetary economics. It …
Persistent link: https://www.econbiz.de/10009438446
The dissertation consists of four chapters. The first chapter presents a model that incorporates product market competition into the standard neoclassical framework. The model explains why value-maximizing firms conduct mergers that appear to lower shareholder value. In a Cournot setting, the...
Persistent link: https://www.econbiz.de/10009438450