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to collude among bidding participants due to a provision of a simple communication channel. The results suggest that the … combinatorial bidding format does not bring higher efficiency. Allowing for communication increases efficiency in both examined … allocation compared to the auction formats without the communication channel. Combinatorial bidding on packages makes the …
Persistent link: https://www.econbiz.de/10011340641
to collude among bidding participants due to a provision of a simple communication channel. The results suggest that the … combinatorial bidding format does not bring higher efficiency. Allowing for communication increases efficiency in both examined … allocation compared to the auction formats without the communication channel. Combinatorial bidding on packages makes the …
Persistent link: https://www.econbiz.de/10011305158
We investigate enabling performance measurement systems (PMS) in operations, i.e., systems that are perceived by employees as assisting with their daily work. We contrast enabling PMS with those that are primarily a control device by senior management. Previous research in accounting suggests...
Persistent link: https://www.econbiz.de/10013069898
This study adds to our understanding of outsourcing decision-making by examining the differential effect of potential cost and non-cost innovation benefits on outsourcing choices made by top managers. In addition, we show that value appropriation - which we define in this context as a firm's...
Persistent link: https://www.econbiz.de/10013038978
Influence diagrams are presented as a complement to analytical methods for solving capacity planning and pricing problems under uncertainty. An influence diagram model that permits continuous decision variables is used to determine optimal decision rules for a single product monopolist making...
Persistent link: https://www.econbiz.de/10013160095
Supply chains today routinely use third parties for many strategic activities, such as manufacturing, R&D, or software development. These activities often include relationship-specific investment on the part of the vendor, while final outcomes can be uncertain. Therefore, writing complete...
Persistent link: https://www.econbiz.de/10012838809
Most brand extension literature usually focus on consumers' evaluations of brand extensions from the perspective of the parent brand or the extensions product characteristics, or the interaction of the parent brand and the extensions. However, little brand extension research, as well as even...
Persistent link: https://www.econbiz.de/10012959941
Despite the efforts of restructuring power markets over the last decades, the lack of demand response in the retail electricity markets remains a significant concern. Possible demand response would help to reduce prices and volatility by better matching supply and demand through improved price...
Persistent link: https://www.econbiz.de/10012851755
This paper analyses the role of technology in reducing heat-induced labor productivity losses. Forthis, we use a field experiment in India which randomized the use of productivity-augmenting digitalmode versus classic paper-and-pen mode for conducting 2000 household surveys. Combining...
Persistent link: https://www.econbiz.de/10013216276
One striking behavioral phenomenon is the “pull-to-center” bias in the newsvendor game: facing stochastic demand, subjects tend to order quantities between the expected profit maximizing quantity and mean demand. We show that the impulse balance equilibrium, which is based on a simple...
Persistent link: https://www.econbiz.de/10011049800