We consider empirically the incremental financing decisions for a sample of 153 AEX-quoted companies during the years 1984 through 1997. First, we estimate a binomial logit model for the choice between internal and external finance. Second, we estimate a multinomial logit model for the choice...

The ready-to-eat cereal industry is characterized by high concentration, high price-cost margins, large advertising-to-sales ratios, and numerous introductions of new products. Previous researchers have concluded that the ready-to-eat cereal industry is a classic example of an industry with...

Understanding attitudes held by the public about the acceptability, fairness, and effectiveness of congestion pricing systems is crucial to the planning and evaluation of such systems. In this study, joint models of attitude and behavior are developed to explain how both mode choice and...

Understanding attitudes held by the public about the acceptability, fairness, and effectiveness of congestion pricing systems is crucial to the planning and evaluation of such systems. In this study, joint models of attitude and behavior are developed to explain how both mode choice and...

This paper presents a modelling framework for Airline Competition Analysis and Demand Modelling (ACADM). The framework adopts a micro-simulation approach in which airline service capacity and passenger demand are represented at the finest disaggregate level. The main contribution of this...

Store brands are thought to improve a retailer's position relative to leading brand manufacturers and to reduce retail prices. Steiner (2004) oers a characterization of typical industry structures by considering the relationship between interbrand and intrabrand elasticities. We estimate a model...

This paper aims to build and empirically evaluate a discrete choice model of merger remedies as a basis for policy analysis. The database consists of 229 merger cases accepted in Phase I or Phase II of the European merger process between 1990 and 2005. We focus on the following question: Which...

This paper presents a modelling framework for Airline Competition Analysis and Demand Modelling (ACADM). The framework adopts a micro-simulation approach in which airline service capacity and passenger demand are represented at the finest disaggregate level. The main contribution of this...