Store brands have grown in importance. Large numbers of products carrying a store label have been introduced in recent years, with varying degrees of success. It appears that retailers pay little attention to the multiple risks associated with adding new product categories to their store labels....

This study aims at unifying the empirical research on the financial part of the monetary transmission process in the Eurozone between 1993 and 2002. After endogenously determining structural breaks, we select an optimal pass-through model for a series of national retail interest rates for each...

We correct an omission in the definition of the domain of weakly responsive preferences introduced in Klaus and Klijn (2005) or KK05 for short. The proof of the existence of stable matchings (KK05, Theorem 3.3) and a maximal domain result (KK05, Theorem 3.5) are adjusted accordingly.

This paper analyses the joint behaviour of hourly wages and standard hours in the Netherlands. With respect to the development of full-time hours to different hypotheses are suggested: work-sharing or productivity-sharing. Under the work-sharing hypothesis, high unemployment would lead to...

We consider a robotic flowshop model in which a single robot is responsible for the transportation of parts between machines and the amount of time that a part spends on a machine must be comprised in some predefined interval. The objective is to find a feasible schedule with minimal cycle time....

The standardization landscape in the Information and Communication technology industries is fragmented in many different standardization bodies, industry consortia, and alliances. Some of these coalitions cooperate with each other, while others compete. The existence of competing standardization...

We consider the classical problem of opinion pooling: the probability assignments of different individuals are to be merged into collective probability assignments. While opinion pooling has been explored in some depth in the literature (by statisticians, economists, and philosophers), all...

We show that, when bidders have continuous valuations, any ex post equilibrium in an ex post individually rational query auction can only be ex post efficient when the running timeof the auction is infinite for almost all realizations of valuations of the bidders. We also show that this result...

This paper focuses on the question whether it is beneficial for firms to invest in the general skills of their workforce or that these training investments merely encourage personnel turnover. We examine two contrary theoretical perspectives on how investments in employee development are related...

An allocation rule is called Bayes-Nash incentive compatible, if there exists a payment rule, such that truthful reports of agents’ types form a Bayes-Nash equilibrium in the directrevelation mechanism consisting of the allocation rule and the payment rule. This paperprovides characterizations...