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In the first chapter, I consider the institutional structures as well as the doctrines typically encountered in the surface water sector. To investigate the sources and methods of government support in the water sector, I categorize different sorts of government support according to the location...
Persistent link: https://www.econbiz.de/10009466095
Although take-it-or-leave-it pricing is the main mode of operation for many retailers, a number of retailers discreetly allow price negotiation when some haggle-prone customers ask for a bargain. At these retailers, the posted price, which itself is subject to dynamic adjustments in response to...
Persistent link: https://www.econbiz.de/10009477224
By using a broker, the owner of a house can speed up his search for buyers but must pay a percentage of the sale price as a commission. Nonstationarities inherent in the housing market may make it optimal to market a house “by-owner” at the outset and to retain a broker only if the house...
Persistent link: https://www.econbiz.de/10009477288
Models of agricultural economics typically operate at an annual basis or in a static equilibriumframework where inputs, outputs and their prices may change considerably. Production dynamics,however, imply that models relying on spatial and temporal aggregation do not capture the effects...
Persistent link: https://www.econbiz.de/10009443254
Introduction of foot and mouth disease (FMD) into country typically initiates eradication procedures which remove animals from the market, and halts the export of livestock products from the infected country. The magnitude of these effects can be highly uncertain. This paper presents a...
Persistent link: https://www.econbiz.de/10009443288
Traditional approaches to estimating the potential benefits of water reform, including the introduction of water markets, have relied on short-run models which assume irrigation capital is either fixed or not a constraint on decision making. Other studies have incorporated a long-run decision...
Persistent link: https://www.econbiz.de/10009451709
In this paper, we investigate how industrial buyers align their relationships with suppliers to the contextual characteristics of the purchase. We propose that patterns of purchasing strategy are evidenced, in part, by the alignment of three fundamental domains: the firm's strategic intent for a...
Persistent link: https://www.econbiz.de/10009431846
Clustering is a highly popular and widely used tool for identifying or constructing databased market segments. Over decades of applying cluster analytical procedures for the purpose of searching for homogeneous subgroups among consumers, questionable standards of utilization have emerged, e.g....
Persistent link: https://www.econbiz.de/10009457616
In many regression applications, users are often faced with difficulties due to nonlinear relationships, heterogeneous subjects, or time series which are best represented by splines. In such applications, two or more regression functions are often necessary to best summarize the underlying...
Persistent link: https://www.econbiz.de/10009476611
-dimensional space. The conditional mixture, maximum likelihood method is introduced together with an E-M algorithm for parameter … estimation. A Monte Carlo analysis is presented to investigate the performance of the algorithm as a number of data, parameter …
Persistent link: https://www.econbiz.de/10009476613