Profitability change can be decomposed into the product of a total factor productivity (TFP) index and an index measuring changes in relative prices. Many TFP indexes can be further decomposed into measures of technical change, technical efficiency change, scale efficiency change and mix...

Abstract: A detailed report for food policy makers and economists reviews the concepts and existing research findings on establishing economy of scale adjustments in order to assess whether such adjustments would be justifiable for the US Food Stamp Program (FSP). Following an evaluation of...

Academicians and practitioners are becoming increasingly interested inthe economics of Information Technology (IT). In part, this intereststems from the increased role that IT now plays in the strategicthinking of most large organizations, and from the significant dollarcosts expended by these...

We study the behavior of real exchange rates in a two-country dynamic equilibrium model. In this model, consumers can only consume domestic goods but can invest costlessly in capital stocks of both countries. Nevertheless, transporting goods between the two countries is costly and, hence, the...

Multicast and unicast traffic share and compete for network resources. To facilitate efficient and equitable resource allocation between traffic types, this paper advocates a costbased approach to multicast pricing. When prices are set to reflect actual network resource consumption, market...

This paper assesses International Joint Venture (IJV) marketing performance in the Republic of Thailand, as opposed to general business performance. Furthermore, the paper develops an objective measure to assess IJV marketing performance and compares two different types of measures for measuring...

In markets where suppliers experience learning by doing over time or, more generally, economies of scale in production, buyers are auctioning off longer-term contracts with an eroding price policy. Under an eroding price contract, the buyer initially competitively awards production to the...

This dissertation contributes to the definition of an analytical framework for the study of optimal jurisdictional size for local service delivery. We argue that the standard economics framework for the analysis of optimal jurisdictional size importantly neglects individual preferences for...

Im Mittelpunkt des Dissertationsprojekts steht die Frage, welche Bedeutung das Ladekapazitätswachstum bei den vier klassischen Verkehrsträgern (Schiffs-, Luft-, Eisenbahn- und Straßenverkehr) hat und wie sich die einzelnen Verkehrsträger insbesondere hinsichtlich der Nutzung von...

This paper incorporates hierarchical structure into the neoclassical theory of the firm. Firms are hierarchical in two respects: the organization of workers in production and the wage structure. The firm's hierarchy is represented as a sector of a circle, where the radius represents the...