Retail pricing strategies incorporate promotions, sales, and rigidities. A number of models have been proposed in particular to explain the occurrence of sales. Focussing on the market for fresh foods the model by Varian and the loss leader argument seem to be intuitively best fitting to the...

The architecture of the firm involves determination of a boundary that encompasses the functions managed by thefirm. The past decade has seen substantial reorganization of firms where vertical or horizontal integration has beenunbundled into weaker forms of collaborations including value chains...

Market liberalization in Central and Eastern Europe was targeted at establishing incentives that would improve economic performance. While substantial reorganization of enterprises is observed, firms can also be observed which devote resources towards establishing organizational legitimacy....

As national economies have integrated through removal of trade barriers, the potential for offshoringproduction was quickly recognized as a strategy to enhance firm performance. At thesame time, labor market reforms opened the door for outsourcing of labor services to specialistfirms that supply...

This paper presents a dynamic theory of structural change in which functional changedriven by technological change and transactional change open opportunity for change inscale and scope of enterprises. Implementation of change in scale and scope ofenterprises is constrained by initial state...

In the New Economy, the network is considered as more important than the firm itself. In this paper the focus is on chain networks which include vertical networks among chain members, horizontal networks with peers, and networking with third parties. Networks have an important role in the...

Until the recent financial crisis, biology-based industries were some of the most rapidly growing sectors of the world economy—the biofuels business was booming, agriculture commodity prices were high, agricultural biotechnology firms were making record profits, and the pharmaceutical industry...

Irreversible benefits favor an earlier introduction of GM crops versus a later one. A non-trivial question is if they also weigh more than reversible benefits similar to irreversible costs but in the opposite direction. In this contribution, I will show that indeed irreversible benefits do weigh...

With the death of Prof. Vittorio Santaniello in the summer of 2007, the International Consortium for Agricultural Biotechnology Research (ICABR) lost one of its most enthusiastic founders and most important contributors. This special issue celebrates Prof. Santaniello’s commitment to the...

This paper examines the impact of HIV/AIDS on labour allocation, crop choice and agrobiodiversity in Jimma Zone, south-western Ethiopia. The study comprised a survey of 205 farm households and an in-depth analysis of four rural households. HIV/AIDS caused households to increase sharecropping...