Search results for "microeconomics"
showing 10 items of 442 documents
Product and service bundling decisions and their effects on purchase intention
1997
Examines the effects of four factors (the bundle: pure or mixed, the price discount, the functional complementarity of bundle components, and the number of bundle components) on consumers’ intentions to purchase product and service bundles. The findings were relatively consistent across product (automobile) and service (automotive service) contexts, and illustrate that pure bundles are preferred to mixed bundles, and a greater price discount is preferred to a lesser one. The results also indicate that five component bundles generate greater purchase intention than either three or seven component bundles, and that “very related” bundle components result in greater purchase intention than eit…
Use of Social Network Site´s Profile for the Employment Seeking Process
2015
This paper investigates the use of social network site´s profile to present individuals to potential employers. Prestige is an important issue of social capital theory, social network sites members present their knowledge and skills to other members to have a benefit. The results of the survey of 440 people about their behaviour for the employment seeking process on social network sites are presented. The paper provides the analysis of reasons to present themselves in social network sites and defines the risks for organisations who use social network site´s profile to evaluate candidates. The purpose of the paper is to evaluate and explain the behaviour of individuals on social network site…
What People Make of Social Capital Online: An Empirical Study on the Conversion of Social Capital via Networking Sites
2010
Social capital is considered an important aspect of online social networks and the idea that it can be converted into other forms of capital, is central to the capital concept. Examples of such a conversion are finding a job or obtaining information faster than others. However, the conversion and, therefore, the relevance of online social capital have not been sufficiently researched. Results from an online survey conducted on three German SNS indicate large interpersonal differences in the effectiveness of social capital conversion. They are best explained by the amount of available social capital and active investments in social capital, i.e., networking. Surprisingly, demographic attribu…
Self-Enforcing International Environmental Agreements: Adaptation and Complementarity
2018
This paper studies the impact of adaptation on the stability of an international emission agreement. To address this issue we solve a three-stage coalition formation game where in the first stage countries decide whether or not to sign the agreement. Then, in the second stage, signatories (playing together) and non-signatories (playing individually) select their levels of emissions. Finally, in the third stage, each country decides on its level of adaptation non co-operatively. We solve this game for two models. For both, it is assumed that damages are linear with respect to emissions which guarantee that emissions are strategic complements in the second stage of the game. However, for the …
Does complexity explain the structure of trade?
2013
This paper analyzes whether complexity, measured by the number of skilled tasks that are performed in production, explains countries commodity trade structure. We modify the Romalis ( ) model to incorporate advantage differences in complexity across commodities together with differences in the number of mistakes made by workers in the production process in developed and developing countries as a source of comparative advantage. Our model predicts that the share of developed countries in world trade increases with products complexity. Empirical tests confirm this prediction. Moreover, we find that complexity complements the explanation provided by skillintensity on countries commodity trade …
The Dynamic of Innovation Networks: A Switching Model on Technological Change
2012
In this paper we introduce an agent-based model with heterogeneous firms which compare their mutual innovation strategies on different network structures. By implementing a dynamic behavioral switching via a fitness mechanism based on agents performance, companies can endogenously modify their tactics of technological change and switch among three groups: stand-alone innovators, collaborative innovators and imitators. We focus the analysis on the impact of these three innovation categories on micro, meso and macro aggregates. Our findings show that collaborative companies are those having the highest positive impact on the economic system. Moreover, we study the properties of the emerging n…
Modelling the Bullwhip Effect Dampening Practices in a Limited Capacity Production Network
2009
This work infers on the conjoint adoption of collaboration practices and replenishment rules as bullwhip dampening techniques in a limited capacity production network. Continuous time differential equation methodology is adopted to model three supply chain configurations. Results show that theconditio sine qua non for long-term capacity strategy is the management and control of information asynchronies, provided by collaboration practices and ad-hoc decision policies. Furthermore the study reveals the phenomenon of bullwhip rough dampening.
Fair Transfer Prices of Global Supply Chains in the Process Industry
2016
This work addresses the optimisation of transfer prices for the fair profit distribution among the members involved in a global supply chain in the process industry. A mixed integer linear programming (MILP) model is developed for production and distribution planning of global supply chains, where the optimal transfer prices of products between plants and markets are determined. Two solution approaches are presented for fair solutions using Nash and lexicographic maximin principles. The applicability of the proposed models and approaches are demonstrated by an illustrative example. The results show that both approaches can fairly distribute the whole supply chain’s profit to the members.
On the Acceptability of the Ambient Tax Mechanism: An Experimental Investigation
2009
There is a common belief among nonpoint source pollution managers that ambient taxes are likely to raise acceptability problems. In this paper, we empirically assess the acceptability of ambient taxes. Concretely, we ask participants in an experiment to play the role of polluters who choose between (A) an ambient tax scheme and (B) an individual tax system (polluters are heterogeneous, with small, medium and large capacity polluters). In case (A), polluters' payoff depends on total emissions and on natural variability whereas in case (B) polluters earn a sure payoff. The sure payoff level reflects polluters' maximal profit under the individual tax system and ranges from 40% to 95% of pollut…
Active and Reactive Value Dimensions: A Dynamic-Based Perspective in the Hotel Sector
2021
Despite the wide acknowledgment of consumer value as a dynamic concept in marketing and tourism literature, few studies have addressed its dynamicity. This article provides an approach to the dynamic nature of value in a hotel experience by proposing a conceptual framework that seeks to explain the influence of value types on customer satisfaction and loyalty as being concatenated rather than simultaneous effects, as more usually described. The concatenation of effects is based on the distinction between active versus reactive values and is tested in a structural model consisting of eight types of value (Efficiency, Service Quality, Status, Esteem, Entertainment, Aesthetics, Ethics, and Es…