We synthesize the growing literature on asymmetric cost behavior — a new way of thinking about costs and, by extension …, earnings. While the traditional cost behavior model describes a mechanistic relation between activity and costs, this … alternative view recognizes the primitives of cost behavior — resource adjustment costs and managerial decisions. These primitives …

Efficiency is an important consideration for those who manage public services. Costs vary with output and with a … these factors into account, costs vary across providers because of differences in efficiency. Such differences offer clues …

This work models outsourcing under oligopolistic competition with nonlinear costs. I show that in a covered market, if …

The study applies two approaches for the estimation of the social costs of main payment instruments (cash, debit card … net value (i.e. exclusive of fees paid for payment services). Thus, HUF 103 billion could be saved in social costs if the …

This paper examines how the costs of adopting new technology are different from those of expanding capital stock by … estimate a dynamic factor demand model in which the adjustment costs of computer investment are allowed to depend on both … average 35 cents of adjustment costs, of which 25 cents is due to quantity expansion and 9 cents is due to technology adoption …