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In a vertical market in which downstream firms have private information about their productivity and compete for consumers, an upstream firm posts public bilateral contracts. When downstream firms are risk-neutral without wealth constraints, the upstream firm offers the input to all retailers....
Persistent link: https://www.econbiz.de/10011083463
Public transportation is an important service that is provided in most urban areas and has the general support of communities. However, the location of transit stations has generated much concern in related neighbourhoods because of their perceived link to crimes. In this study, observational...
Persistent link: https://www.econbiz.de/10010824599
This paper applies a game-theoretic model of participation under uncertainty to investigate the negative relationship between constituency size and voter turnout rates: theconstituency size effect. We find that this theoretical model accounts for almost all of the variation in turnout due to...
Persistent link: https://www.econbiz.de/10010864667
The academic and practitioner literature justifies firms' use of product costs in product pricing and capacity planning decisions as heuristics to address an otherwise intractable problem. However, product costs are the output of a cost reporting system, which itself is the outcome of heuristic...
Persistent link: https://www.econbiz.de/10009197833
Budgeting accomplishes many goals in an organization and evaluating the potential impact of a change is difficult. I investigate the organization-wide effects of three distinct budgeting alternatives (rolling budgets, activity-based budgeting and beyond budgeting) using a model that incorporates...
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