Showing 1 - 10 of 249
, accompanied by intense competition, has driven changes in the organization of procurement systems of supermarket chains, toward …
Persistent link: https://www.econbiz.de/10009445297
We provide a strategic rationale for growth options under uncertainty and imperfect competition. In a market with … strategic competition, investment confers a greater capability to take advantage of future growth opportunities. This strategic …
Persistent link: https://www.econbiz.de/10009460041
We investigate the timing and the valuation of strategic investment aimed at enhancing entry opportunities in related market segments. As demand is uncertain, entry options should be exercised at the optimal time, trading off the market share gain against the option to wait until more...
Persistent link: https://www.econbiz.de/10009460051
strategic competition, investment confers a greater capability to take advantage of future growth opportunities. This strategic …
Persistent link: https://www.econbiz.de/10009460053
neighbours are subject to similar environmental conditions, but the confounding influence of competition was also observed over …
Persistent link: https://www.econbiz.de/10009448357
Purpose - This paper evaluates the comparative progress of Asda in the UK since its surprise takeover by Wal-Mart in 1999. Wal-Mart expected to become the #1 retailer in the UK and many commentators saw massive problems ahead for local retailers. These expectations were not met; this paper...
Persistent link: https://www.econbiz.de/10009465849
We investigate the situation where a customer experiencing an inventory stockout at a retailer potentially leaves the firm's market. In classical inventory theory, a unit stockout penalty cost has been used as a surrogate to mimic the economic effect of such a departure; in this study, we...
Persistent link: https://www.econbiz.de/10009431041
The introduction of the European Markets in Financial Instruments Directive (MiFID) ended the quasi-monopoly of national exchanges in equity trading across Europe and enabled alternative platforms, so-called multilateral trading facilities (MTF), to compete for order flow. This thesis analyzes...
Persistent link: https://www.econbiz.de/10009434477
point to the real danger that theintent of Congress in passing the 1996 Act to promote competition intelecommunications will …
Persistent link: https://www.econbiz.de/10009435083
An important issue in economics is how market structure affects prices.While the standard view is that competition … access, with orwithout competition from a DSL provider, and using education dispersionand ethnic diversity as proxies for …, competition reduces prices. As preference becomes morediverse, the negative effect of competition on prices diminishes; andwhen …
Persistent link: https://www.econbiz.de/10009435113