This analysis' goal is to characterize the impact of mid-tier auditors on competition and average supplied audit quality. The major result of our analysis is the following: Auditors' flexibilities with respect to clients' complexity determine the offered audit quality levels and thus the average...

We analyze the welfare consequences of a monopolist having additional information about consumers' tastes, beyond the prior distribution; the additional information can be used to charge different prices to different segments of the market, i.e., carry out "third degree price discrimination." We...

Digitization of cable TV systems has permitted not only higher quality (HD) programming, but a proliferation of channel space, sparking a second wave of cable programming network entry since the late 1990s. Finer and finer segmentation of cable networks toward niche audiences, including racial...

The authors present a tailored interviewing procedure for life-style segmentation. The procedure assumes that a life-style measurement instrument has been designed. A classification of a sample of consumers into life-style segments is obtained using a latent-class model. With these segments, the...

In market segmentation, one distinguishes homogeneous groups of customers who can be targeted in the same manner because they have similar needs and preferences. In 1956, Smith defined: "Market segmentation involves viewing a heterogeneous market as a number of smaller homogeneous markets, in...

We propose a Weibull mixture model considering both covariates and unobserved heterogeneity to examine how demographic variables affect individual survival times and to derive the annual number of deaths. We analyze the records of patients diagnosed with lung and bronchus cancer, the most common...

In this paper, I develop afresh a comprehensive approach to market segmentation of Facebook users. The approach considers the implications of Facebook’s multi-sided platform (MSP) based business model. Using cluster analysis of survey data, I develop a basic 3 segments solution for the online...

Business information services are intermediaries that collect, collate, package and distribute information of value to professional users. We consider two technologies that such intermediaries may use for delivering information. First, a packaged design that uses physical media like CD-ROMs to...

A popular procedure for benefit segmentation based on conjoint experiments has been to estimate individual-level port worths and then form nonoverlapping clusters of consumers with similar estimates. Rather than using these estimates as the criteria for clustering, the least squares procedure...