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"This paper will introduce new methods to estimate the two-way fixed effects model and the match effects model in datasets where the number of fixed effects makes standard estimation techniques infeasible. The methods work for balanced and unbalanced panels and increase the speed of estimation...
Persistent link: https://www.econbiz.de/10010963717
Taking as a starting point the theory of matching applied in the case of a problem of college admissions, where one is … students and colleges, in order to achieve the best possible matching that is stable, strategy-proof, Pareto efficient and fair. …
Persistent link: https://www.econbiz.de/10009393785
A common problem to current digital subscription services is how to prevent membership (e.g. account and password) sharing beyond authorised consumers. Unlike traditional subscription services such as wired phone examples, sharing is much more popular in a digital world due to the access of...
Persistent link: https://www.econbiz.de/10008539511
One specific form of industry transformation process is the so-called e-transformation, which focuses on the impacts of digitalisation and interconnectedness. Over the course of an industry sector's e-transformation, four characteristic stages of development can be identified to show particular...
Persistent link: https://www.econbiz.de/10008539517
A common problem to current digital subscription services is how to prevent membership (e.g. account and password) sharing beyond authorised consumers. Unlike traditional subscription services such as wired phone examples, sharing is much more popular in a digital world due to the access of...
Persistent link: https://www.econbiz.de/10005048678
One specific form of industry transformation process is the so-called e-transformation, which focuses on the impacts of digitalisation and interconnectedness. Over the course of an industry sector's e-transformation, four characteristic stages of development can be identified to show particular...
Persistent link: https://www.econbiz.de/10005543623
The purpose of this paper is to present and validate a model of factors influencing the customers' satisfaction on internet shopping in China. To attain these, a questionnaire was sent to 300 potential Chinese customers. The findings indicate that there are 15 items that influence consumer...
Persistent link: https://www.econbiz.de/10010669637
theory suggests that markets will inevitably have information asymmetries resulting in equilibriums with price dispersion …
Persistent link: https://www.econbiz.de/10010669665
In this paper, we consider the classical multifare, single-resource (leg) problem in revenue management for the case where demand information is limited. Our approach employs a competitive analysis, which guarantees a certain performance level under all possible demand scenarios. The only...
Persistent link: https://www.econbiz.de/10009191438
We investigate a single-leg airline revenue management problem where an airline has limited demand information and uncensored no-show information. To use such hybrid information for simultaneous overbooking and booking control decisions, we combine expected overbooking cost with revenue. Then we...
Persistent link: https://www.econbiz.de/10011097672