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We investigate the strategic pricing for leading brands sold in the carbonated soft drink (CSD) market in the context of a flexible demand specification (i.e. random parameter nested logit) and a structural pricing equation. Our approach does not rely upon the often used ad hoc linear...
Persistent link: https://www.econbiz.de/10009446338
This paper weights the relative advantages of multiple factors that lead to the success of professional sports stadiums in major markets, though a discussion of the arguments for and against public subsidies towards these projects. Using a logit statistical model, the paper determines that the...
Persistent link: https://www.econbiz.de/10009468763
theory suggest that they work against efficiency when membership grows too diffuse. To address this issue, this study uses a … model that takes into account existing theory on constrained-optimization in credit unions and theory on the adverse effects …
Persistent link: https://www.econbiz.de/10009429048
In 1978, Roger Koenker and Gilbert Bassett, Jr. introduced a new econometric estimation method and entitled it quantile regression. Since then, many subsequent authors have elaborated and extended the underlying theoretical framework. Other contributions have successfully applied the procedure...
Persistent link: https://www.econbiz.de/10009475352
Measuring the contribution of different markets to the price discovery process of a common asset has been the subject of many research studies in the last decade. In particular the newly developed derivatives markets have given rise to an increasing number of empirical studies examining the...
Persistent link: https://www.econbiz.de/10009475355
environmental crime rates. With a view to validating the economic theory of crime, there is clear evidence that the "calculus of …
Persistent link: https://www.econbiz.de/10009476185
Germany has been an immigration country for more than 30 years now, although many politicians claim the opposite and many people in Germany are inclined to agree with their assessment. However, it is the actual experience with immigration, and not what people would like to experience, which...
Persistent link: https://www.econbiz.de/10009476209
In an increasingly competitive environment, firms have to optimally adjust both their allocation of input factors and their technology portfolio. The latter determines economies of scope and scale in future research and production. The aim of this dissertation is to achieve better insight into...
Persistent link: https://www.econbiz.de/10009460747
test an idea from relational contracting theory that informal relationships can substitute for formal enforcement through …
Persistent link: https://www.econbiz.de/10009450943
Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply …
Persistent link: https://www.econbiz.de/10009432547