Showing 1 - 10 of 1,570
time discounting, growth discounting and opportunity cost discounting; and it assesses their implications for climate …
Persistent link: https://www.econbiz.de/10010942420
Because of the time value of money (that is, a dollar today can be invested to yield more than a dollar tomorrow), a project's costs and benefits in different periods are not comparable. Therefore, a discount rate that will convert future sums into present values is used in cost-benefit...
Persistent link: https://www.econbiz.de/10005079457
Purpose – Information concerning the long-term consequences of credit repayment decisions is often not available for flexible credit facilities such as credit cards. The purpose of this paper is to investigate the role of such information in repayment decisions. A dual mental accounting model...
Persistent link: https://www.econbiz.de/10010604489
Este trabajo intenta profundizar en las características del consumidor que condicionan su respuesta ante las promociones de ventas. Para comprender la respuesta ante las acciones promocionales se han considerado tanto los beneficios como los costes que puede obtener un consumidor al comprar un...
Persistent link: https://www.econbiz.de/10010603614
This paper reviews important approaches to discounting in economic modelling. It summarizes historical approaches and … discusses why exponential discounting has been adopted as a widely accepted benchmark. The article then presents hyperbolic … discounting as an alternative, while stresses different interpretation of discounting in positive and normative economics. In …
Persistent link: https://www.econbiz.de/10004963568
Der deutsche Lebensmitteleinzelhandel ist durch einen starken Preiswettbewerb gekennzeichnet. Hinweise für funktionierenden Wettbewerb sind einheitliche Preise und gleichzeitige Preisänderungen (Preissynchronisation) bei homogenen Gütern. Im deutschen Lebensmitteleinzelhandel sind jedoch...
Persistent link: https://www.econbiz.de/10011143132
How should price promotion strategies be modified in an emerging market (e.g., India, China) compared to those employed in developed markets (e.g., USA, Canada)? Specifically, how should the presence of middle-class consumers with limited ability to pay, prevalent in an emerging market,...
Persistent link: https://www.econbiz.de/10010730050
How do competitors react to each other's price-promotion and advertising actions? How do these reactions influence the net sales impact we observe? We answer these questions by performing a large-scale empirical study of the short-run and long-run reactions to promotion and advertising shocks in...
Persistent link: https://www.econbiz.de/10010731262
This article measures promotional competition between two major supermarket chains in the United States. The approach does not rely upon quantity sales data and can be applied to any industry that features advertised sales. The results indicate that retailers do compete using promotions. A...
Persistent link: https://www.econbiz.de/10010864940
Persistent link: https://www.econbiz.de/10010867839