Consumers' beliefs in the benefits of reducing fat intakes, especially saturated fat, and of increasing calcium intake from such foods dairy products, depend upon the acquired information related to diet and health. This study develops new health information measures from different sources. The...

This article has extended the Coase theorem to our environment of incomplete information. We have suggested the existence of efficient trading mechanisms in two alternative information structures.

The purpose of this paper is to examine how tasks should be allocated in a simple hierarchy consisting of an organizational designer and subordinates, in the framework of a principal-agent relationship with moral hazard.

The marketing literature refers to the concept of brand capital and provides empirical evidence that firms with a large stock of well-established brands have an advantage in introducing new products. This paper develops a theory of brand extension as a mechanism for informational leverage in...

Suppose competent economists obtain common information on business forecasts, and incompetent economists obtain independent information. If no one knows who is able, young economists mimic others because a forecast different from others indicated inability when it proves wrong. An older...

Using a model where a monopoly chooses its commodity's quality as well as its quantity, we consider optimal regulation whenthe monopoly's costs are unknown to the regulator. Regarding quantity and quality, the results are a natural extension of Baron and Myerson (1982): the levels of quantity...

Using a model where a monopoly chooses its commodity's quality as well as its quantity, we consider optimal regulation whenthe monopoly's costs are unknown to the regulator. Regarding quantity and quality, the results are a natural extension of Baron and Myerson (1982): the levels of quantity...

The marketing literature refers to the concept of brand capital and provides empirical evidence that firms with a large stock of well-established brands have an advantage in introducing new products. This paper develops a theory of brand extension as a mechanism for informational leverage in...

Consumers' beliefs in the benefits of reducing fat intakes, especially saturated fat, and of increasing calcium intake from such foods dairy products, depend upon the acquired information related to diet and health. This study develops new health information measures from different sources. The...