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Persistent link: https://www.econbiz.de/10011779275
We study an infinite horizon model, where a seller orders his product in batches of fixed size. A sales strategy determines both the order moments and the sales path between these moments. Under some natural conditions on the sellers revenue function, the strategy that maximizes the sellers...
Persistent link: https://www.econbiz.de/10010856542
network externalities between consumers. In the case of a usage fee, I provide conditions under which the steady state (SS) is … consumers whose price-elasticity of demand is large relative to their valuation for network externalities. Finally, we show how …
Persistent link: https://www.econbiz.de/10010934839
In some key respects the income versus consumption tax choice is simply misunderstood by many people, including sophisticated practitioners.
Persistent link: https://www.econbiz.de/10010941121
RD collaborations have increasingly attracted the attention of both academic and business circles in the last couple of decades. Several empirical studies have concentrated on the firms incentives to participate in these collaborations. This paper presents an alternative approach to RD...
Persistent link: https://www.econbiz.de/10011211001
West Bengal is well known all over the world for its expertise in arts and craft. Its artisans have skill in architectural splendors to its excellent works on crafts of conch shell. Not only are conch shell crafts beautiful and delicate, they are also considered to be extremely auspicious, as...
Persistent link: https://www.econbiz.de/10011272056
In this paper we consider the uncapacitated economic lot-size model, where demand is a deterministic function of price. In the model a single price need to be set for all periods. The objective is to find an optimal price and ordering decisions simultaneously. In 1973 Kunreuther and Schrage...
Persistent link: https://www.econbiz.de/10005288710
market and curbed excessive pricing. However, in recent years the lack of challenging service is the main cause for the …
Persistent link: https://www.econbiz.de/10005150776
observing the results of previous decisions. For example, in delayed production (delayed pricing), pricing (production) is … determined at the beginning of the horizon, and the production (pricing) decision is made at the beginning of each period before … pricing except sometimes when capacity is tight. On average, the delayed production (pricing) heuristic achieved 99.3% (99 …
Persistent link: https://www.econbiz.de/10009218853
In this paper we consider the uncapacitated economic lot-size model, where demand is a deterministic function of price. In the model a single price need to be set for all periods. The objective is to find an optimal price and ordering decisions simultaneously. In 1973 Kunreuther and Schrage...
Persistent link: https://www.econbiz.de/10010837636