Vehicle rental providers offer differentiated services to reserve and walk-in customers. In this research, we study one such service differentiation strategy, a vehicle threshold policy, which is to hold vehicles for reserve class customers in anticipation of their future arrivals. To consider...

The paper examines the market impact of a unique IPO certification recently introduced in India – mandatory grading of IPOs by a credit rating agency. The grading was expected to improve the IPO pricing efficiency by providing comprehensive issue-related information to the market, especially...

This study examines the purchasing behaviour for environmentally sustainable products using the framework of the Theory of Planned Behaviour. It investigates the determinants of the purchase intention for environmentally sustainable products leading to the purchase behaviour for the same. The...

We develop a quick and approximate way to address the fleet sizing problem for transporters with non-stationary demands and uncertain trip times. Non-stationary demands are modeled using Markov-modulated Poisson process (MMPP) and the variable fleet size is modeled using multi-server queuing...

Objective function in term structure estimation with price errors is not only non-linear but also non-convex in parameters. This makes the final results sensitive to both the choice of the optimization routine as well as to the starting guess. This study looks at the impact of the choice of the...

This paper begins by outlining the views of economists on food management and contemporary food policy issues in the backdrop of largely unchanging dynamics of slow growth of the farm sector in India. First we deal with the manner in which the changing situation is dealt with in terms of cycles...

Peters (2011) claims to provide a resolution of the three century old St Petersburg paradox by using time averages and thereby avoiding the use of utility theory completely. Peters also claims to have found an error in Menger (1934, 1967) who established the vulnerability of any unbounded...

In today’s business environment, inter-firm alliances of simultaneous cooperation and competition (IASCC) have become very important for enhancement of internal resources as well as market shares of firms. Evidence suggests that majority of the alliances today occur between competitors or...

Deficits in participation of marginalized groups in Higher Education (HE) have attracted significant policy and research attention. Recent studies have explored the role of socio-religious affiliation and other factors in determining participation in HE. It is also shown that appropriate...

This article examines, what makes rural household a preferred choice for formal lenders? It develops sample selected ordered probit model to address this question. While, the selection equation models the determinants of access to credit, an ordered probit model is used to determine the factors...