Attempt has been made to identify dominant forms and factors for output realization in Bulgarian farms. New Institutional and Transaction Costs Economics framework is used to estimate comparative efficiency of various modes for realization of farm outputs in farms of different type...

We study sequential auctions of stochastically identical objects and endogenous participation.

This paper develops a set of management and production criteria needed to be used in order to maximize profits and shareholder values. If these criteria are achieved, the firm may achieve and sustain “supernormal” profits and revenue growth. The criteria developed here are all related to the...

Consumers often benefit from increased competition in differentiated product settings. In this paper we consider consumer benefits from increased competition in a differentiated product setting: the spread of non-traditional retail outlets. In this paper we estimate consumer benefits from...

Resource misallocation can lower aggregate total factor productivity (TFP).We use microdata on manufacturing establishments to quantify the potential extent of misallocation in China and India versus the United States. We measure sizable gaps in marginal products of labor and capital across...

Any demand equation satisfying Lau’s (1982) Fundamental Theorem of Exact Aggregation and 0° homogeneity in prices and income will have a Gorman (1981) functional form for each income term. This property does not depend on symmetry or adding up. The implications of this result are illustrated...

The paper looks at the change, the level and the structure of income distribution and distribution of consumption possibilities at the individual and at the household level between the years 1979 and 2000. I also pay attention to the development of low incomes when the concept of income is...

Store loyalty is an important issue for retailers since it defines one way in which consumers are attached to stores. However, store loyalty is not unidimensional and there are different ways of measuring it. After surveying the marketing literature on how to assess ’store loyalty’, we...

Die Sicherstellung von gleichen Lebenschancen ist ein Ziel, das seit vielen Jahren alle westlich geprägten demokratisch verfassten Gesellschaften teilen. Obwohl alle Bürger formal über gleiche Rechte verfügen, sind auch in Deutschland die Chancen für individuelle Lebensverläufe je nach...

This document contains four appendices to Sanchirico, Chris William, Progressivity and Potential Income: Measuring the Effect of Changing Work Patterns on Income Tax Progressivity. Columbia Law Review, Vol. 108, Pg. 1551, 2008. Available at SSRN: http://ssrn.com/abstract=961310 These are: 1. The...