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We model a homogeneous product environment where identical e-retailers endogenously engage in both brand advertising (to create loyal customers) and price advertising (to attract 'shoppers'). Our analysis allows for 'cross-channel' effects; indeed, we show that price advertising is a substitute...
Persistent link: https://www.econbiz.de/10005135133
We offer an efficiency-based approach to derive market partitions and respective benchmarks using Data Envelopment Analysis. Product efficiency is measured as an output to input value from the customer’s perspective. Products offering a maximum customer value relative to alternatives represent...
Persistent link: https://www.econbiz.de/10005135134
We examine the strategy-proof provision of excludable public goods when agents care not only about the level of provision of a public good, but also the number of consumers. We show that on such domains strategy- proof and efficient social choice functions satisfying an outsider independence...
Persistent link: https://www.econbiz.de/10005135135
This work constitutes a first exploration on the information about people<92>s satisfaction levels in Uruguay. In particular, it intends to analyse the relationship between the level of satisfaction with life and other variables in a sample of women from 25 to 54 years old in Greater Montevideo....</92>
Persistent link: https://www.econbiz.de/10005135136
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