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Existing literature, based on signaling theory, suggests that money-back guarantees (MBGs) will be utilized by high-quality firms, where high quality is defined as a low likelihood of product return. However, in today's world, MBGs are ubiquitous among major retailers, even when the likelihood...
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Firms use samples to increase the sales of almost all consumable goods, including food, health, and cleaning products. Despite its importance, sampling remains one of the most under-researched areas. There are no theoretical quantitative models of sampling behavior other than the pioneering work...
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Recent amendments to the Montreal Protocol specify a 100% reduction in methyl bromide consumption in all developed countries by the year 2005 (except for "critical uses"). In this paper we consider one possible chemical substitute to methyl bromide, methyl iodide, that until recently has...
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