The growing competitive intensity on the markets determines the emergence of competition costs that are expressed at a corporate level and have implicit repercussions for the supply system. This type of costs makes it possible to identify a close link between competition costs and supply...

Formal models in political science typically consider actors with differing interests or ideologies, but political actors often have “good faith disagreements” about how to achieve commonly shared goals. We develop a model of a hierarchical political organization in which a principal and an...

Discussions of the economics of scholarly communication are usually devoted to Open Access, rising journal prices, publisher profits, and boycotts. That ignores what seems a much more important development in this market. Publishers, through the oft-reviled "Big Deal" packages, are providing...

Nearly all theoretically motivated models of consumer demand for multiple goods assume additive separability in preferences, i.e. the consumption utility of each good x is independent of the quantity demanded of another good y. This is a strong restriction that makes the solution of the...

We consider a duopoly where firms compete on waiting times in the presence of an industry benchmark. The demand captured by a firm depends on the gap between the firm's offer and the benchmark. We refer to the benchmark effect as the impact of this gap on demand. The formation of the benchmark...

This study explains the varying predictive power of online search volume by examining the impact of perceived quality and quality uncertainty of products on search volume and demand. We develop hypotheses regarding the relationship among the quality variables, online search activities, and...

While research has generated useful very insights, usually at the macro level, regarding the multi-faceted nature of environmental innovation and regulation, the characteristics and drivers peculiar to international companies have remained underexposed in the policy-related literature on clean...

Moving production to low-wage countries may reduce manufacturing costs but increases logistics costs and is subject to foreign trade barriers, among others. This paper studies a manufacturer s multimarket facility network design problem and investigates the offshoring decision from a network...

Agent-based models can be manipulated to replicate real- world datasets, but choosing the best set of parameters to achieve this result can be difficult. To validate a model, the real-world dataset is often divided into a training and test set. The training set is used to calibrate the...