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Pricing a Motel’s Location
Bull, Adrian O. - In: International Journal of Contemporary Hospitality Management 6 (1994) 6, pp. 10-15
Looks at ways of extracting the maximum marketing advantages out of a hotel/motel′s location. Sets out a methodology … for formally determining the value, and price of a hotel or motel′s location in setting room rates and presents an …
Persistent link: https://www.econbiz.de/10014763305
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Residential property value and locational externalities
Kauko, Tom - In: Journal of Property Investment & Finance 21 (2003) 3, pp. 250-270
It is well‐known from the literature that locational externalities influence the price formation of residential property. This effect is usually studied empirically with the hedonic price models, by including various neighbourhood and proximity variables in the model. These regression based...
Persistent link: https://www.econbiz.de/10014898046
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The Location of Licensed Premises in the UK
Egan, David; Knowles, Tim; Bey, Joudallah - In: International Journal of Wine Marketing 12 (2000) 1, pp. 5-15
consideration is how spatial location may determine the success of particular business or, influence the appropriate use of an … existing licensed premises. This paper suggests that it is possible to develop a model of location that can help to explain the … location of licensed premises. Additionally, it explores the type of criteria that should be explicitly considered when …
Persistent link: https://www.econbiz.de/10014815527
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Ultramarginal cost in da Empoli’s work
Di Matteo, Massimo; Luini, Luigi - In: Journal of Economic Studies 28 (2001) 4/5, pp. 254-264
Highlights the theory of competition advanced by da Empoli in the late 1920s. The main point is the existence of discontinuities in industrial concerns. This leads to the possibility that prices exceed marginal costs and depend also on ultramarginal costs, a new concept elaborated by da Empoli....
Persistent link: https://www.econbiz.de/10014863911
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About a dispute of some time ago: Umberto Ricci vs Attilio da Empoli
Fusco, Antonio Maria - In: Journal of Economic Studies 28 (2001) 4/5, pp. 299-305
Reconsiders Umberto Ricci’s harsh comments on the book of the young Attilio da Empoli about the Theory of Economic Equilibrium and also re‐examines da Empoli’s original theses about “ultramarginality” that aroused Umberto Ricci’s fierce criticism. In his reply, da Empoli punctually...
Persistent link: https://www.econbiz.de/10014863914
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Macroeconomic determinants of wine prices
Jiao, Linda - In: International Journal of Wine Business Research 29 (2017) 3, pp. 234-250
in fine-wine pricing and, more precisely, in the price fluctuation of prestige Bordeaux wines. Furthermore, the …-wine pricing. Originality/value Complementary to the hedonic price modeling, this research can provide an analysis to wine …
Persistent link: https://www.econbiz.de/10014814423
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Perception of Product Quality in a Static State Utility Model
Huntington, Paul A. - In: European Journal of Marketing 24 (1990) 3, pp. 57-71
The role of the consumer′s perception of product quality within the traditional economic utility model is examined. It is argued that by holding marginal utility to be equal among buyers, price reference will be defined specific to the buyer′s marginal utility of money. Price is...
Persistent link: https://www.econbiz.de/10014722979
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On People's Welfare in Aganbegyan's The Economic Challenge of Perestroika
Raiklin, Ernest - In: International Journal of Social Economics 16 (1989) 7, pp. 16-33
The major objective of Aganbegyan′s book is to enhance arguments made by Gorbachev in the latter′s Perestroika. New Thinking for Our Country and the World . Like his leader, Aganbegyan asserts that the ultimate purpose of perestroika is people′s welfare and that the policy of the...
Persistent link: https://www.econbiz.de/10014805812
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Economics and marketing on pricing: how and why do they differ?
Skouras, Thanos; Avlonitis, George J.; Indounas, Kostis A. - In: Journal of Product & Brand Management 14 (2005) 6, pp. 362-374
pricing by the disciplines of economics and marketing. Design/methodology/approach – It is from three perspectives that the … marketing and economics approaches to pricing are reviewed, namely, buyers' response to price, firm's determination of price … demonstrates a richer and more empirically based treatment of the pricing issue from the buyer's perspective, while economics is …
Persistent link: https://www.econbiz.de/10014895876
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Cluster Approach for Entrepreneurship Development in India
Baporikar, Neeta - In: International Journal of Asian Business and Information … 8 (2017) 2, pp. 46-61
Clusters are increasingly recognised as an important feature of modern economies. Their presence has become more pronounced in the global economy—not less, as was sometimes assumed. Complementary concepts such as the global value chain point out that strong clusters benefit from strong...
Persistent link: https://www.econbiz.de/10012042589