We derive price limits as decision aids for identifying favorable and unfavorable contracts from the perspective of a selling firm in face of uncertain outcomes. The analysis is based on the concept of almost stochastic dominance to incorporate incomplete information about the decision-maker’s...

Intuition can lead to more effective decision-making than analysis under certain conditions. This assumption can be regarded as common sense. However, dominant research streams on intuition effectiveness in decision-making conceptualize intuition inadequately, because intuition is considered...

Vietnam has gone through massive economic restructuring from a socialist command economy to market-oriented economy. This provides an excellent example of a country that has experienced changes in competition regime. Economic reforms in late 1980s and 1990s and the introduction of...

Im Zuge der Deregulierung des Telekommunikations- und Energiesektors hat in Deutschland eine neue Art an Preisregulierung des Netzbereichs Einzug gehalten. Während das eigentliche Produkt beziehungsweise die eigentliche Serviceleistung in einem deregulierten Markt unter Wettbewerb angeboten...

Unternehmen nutzen Daten zur Optimierung von Preisen. Mit zunehmender Kenntnis individueller Kundenprofile könnte der Spielraum steigen, Individuen gezielt über personalisierte Angebote anzusprechen. Die wettbewerblichen Effekte sind ambivalent: Personalisierte Preise können zur Ausbeutung im...

This study investigated the extent of currency competition within the cryptocurrency market through the Hayek's concept of the denationalization of money, Hayek's original analysis primarily centered on competition revolving around the medium of the exchange function, This study posited that...

The price of rice at the retail level affects consumer welfare and influences inflation. The research objective was to study rice retail trader pricing behavior in traditional markets. This study employed an econometric model consisting of six equations of price spread between the retail market...

This paper investigates the effects of Greece's European Union (EU) accession and European Economic and Monetary Union (EMU) entry, as well as R&D intensity and industry concentration on job creation and job destruction in the Greek manufacturing sector. The study is based on firm-level economic...