Results 151 to 160 of about 632,036 (253)

Household Demand, Network Externality Effects and Intertemporal Price Discrimination [PDF]

This paper examines the optimality of intertemporal price discrimination when network externality effects are present in the consumption of a durable good. We conduct our study in two settings. In a model with two household types, utilities are dependent
Winston T.H. Koh
core  

A Quantile Model of Firm Investment

International Economic Review, EarlyView.
ABSTRACT Are firms risk averse? We propose a dynamic model of firm investment under uncertainty that captures firms' risk attitudes through quantile preferences. The firm maximizes its present value, defined as current profits and investment plus the discounted value of the τ$\tau$‐quantile of its value next period.
Heitor Almeida, Murillo Campello, Luciano de Castro, Antonio F. Galvao   +3 more
wiley   +1 more source

Capital, Interest, and Aggregate Intertemporal Substitution [PDF]

Financial economics research has suggested that expected returns are not the same across assets, and that their movements over time are not simply described or explained.
Casey B. Mulligan
core  

Gendered Effects of the Minimum Wage

International Economic Review, EarlyView.
ABSTRACT Women work disproportionately in low‐hours jobs, which pay lower wages and are more exposed to minimum‐wage policies. We estimate an equilibrium search model with worker and firm heterogeneity, jobs differing in wages and hours, and imperfect compliance. Applied to Germany, the 8.50 € minimum wage reallocates women toward higher‐hours jobs and
Alessandro Di Nola, Haomin Wang
wiley   +1 more source

Assessing second‐price auctions for parcel exchanges in last‐mile logistics

International Transactions in Operational Research, EarlyView.
Abstract The rapid growth of e‐commerce has led to multiple carriers operating in the same regions, creating opportunities for collaboration. However, logistics companies typically operate independently, leading to inefficiencies. Horizontal cooperation, where carriers share resources and infrastructure, can improve efficiency and reduce costs.
Christian Truden, Margaretha Gansterer
wiley   +1 more source

An extended goal programming framework incorporating poverty measures: application to food bank logistics

International Transactions in Operational Research, EarlyView.
Abstract Food banks play a key role in reducing food insecurity, yet their operations are often constrained by manual and non‐optimised allocation procedures. This study introduces a methodological advance through an extended goal programming model with poverty incorporation (EGP‐PI).
Rhyan C. Rampazo, Dylan F. Jones, Letícia F. Godoi, Mariana O. Iamamoto, Daniela R. Cantane   +4 more
wiley   +1 more source

Illuminating OTC markets: The impact of public disclosures on trading dynamics

Journal of Financial Research, EarlyView.
Abstract In this article, we examine market reactions to US Securities and Exchange Commission (SEC) disclosures in the US over‐the‐counter (OTC) equity market, where public information is often scarce. We find that OTC securities exhibit stronger and more persistent responses to disclosures than exchange‐traded securities, highlighting investors ...
Travis Box, Ryan Davis
wiley   +1 more source

Frisch Demand Functions and Intertemporal Behaviour in Consumption: The Turkish Case [PDF]

This paper examines the intertemporal behaviour in consumption for Turkey which has been experiencing high and chronic inflation since the late 1970s. The Frisch demand system is used to estimate three separate but inextricably intertemporal elasticities:
Erdinc Telatar, Funda Telatar, Sadiye Turkmen   +2 more
core  

Economic policy uncertainty and international corporate leasing

Journal of Financial Research, EarlyView.
Abstract We examine the effect of economic policy uncertainty (EPU) on the corporate lease decision using an international sample of 19 countries. The use of operating leases increases when EPU is heightened. The documented leasing increase is more pronounced for financially constrained firms, firms facing greater operating volatility, or those that ...
Goutham Abotula, Douglas (DJ) Fairhurst, Yoonsoo Nam   +2 more
wiley   +1 more source

Intertemporal substitution and nonhomothetic preferences

Intertemporal substitution and nonhomothetic preferences
Institute of Policy and Planning Sciences discussion paper series ~ no.
openaire   +1 more source