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As the UK’s retail financial services sector discovers the value of retaining customers it is also becoming aware that product elimination has the potential to damage existing purchasing relationships. Unlike physical goods, where elimination is often undertaken with scant regard for the...
Persistent link: https://www.econbiz.de/10009474471
Due to deregulation, the New Zealand retail banking environment is characterized by change, especially in the area of self-service technologies. The success of these technology projects has been mixed, and one must question whether or not the suppliers of these technologies have a true...
Persistent link: https://www.econbiz.de/10009474581
The increasing provision of self-service technologies such as automated telling machines (ATMs) in retail banking means that customers now have a variety of means of carrying out their banking business In many cases, the functions of these technologies overlap with the functions of the bank...
Persistent link: https://www.econbiz.de/10009474583
Productivity growth is conventionally measured by indices representing discreet approximations of the Divisia TEP index under the assumption that technological change is Hicks-neutral. When this assumption is violated, these indices are no longer meaningful because they conflate the effects of...
Persistent link: https://www.econbiz.de/10009455695
We introduce a modified conditional logit model that takes account of uncertainty associated with mis-reporting in revealed preference experiments estimating willingness-to-pay (WTP). Like Hausman et al. [Journal of Econometrics (1988) Vol. 87, pp. 239-269], our model captures the extent and...
Persistent link: https://www.econbiz.de/10009455760