Product Positioning and Incentives to Innovate
Journal of Economics &Management Strategy, EarlyView.ABSTRACT This paper shows that product positioning affects the incentives to invest in process innovation. The result is found using a model of price competition with three firms under horizontal product differentiation—and then extended to a more general Bertrand triopoly.
Emanuele Bacchiega, Paolo G. Garella
wiley +1 more source
Mitral Valve Segmentation Using Robust Nonnegative Matrix Factorization. [PDF]
J Imaging, 2021 Dröge H +5 more
europepmc +1 more source
Generalizing Determinacy under Monetary and Fiscal Policy Switches: The Case of the Zero Lower Bound
Journal of Money, Credit and Banking, EarlyView.Abstract In a fixed‐regime context, it has been established since the work of Leeper (1991) that a determinate and unique equilibrium can be achieved under both monetary dominance (characterized by an active monetary policy and a passive fiscal policy) and fiscal dominance (characterized by an active fiscal policy and a passive monetary policy) regimes
SEONGHOON CHO, ANTONIO MORENO
wiley +1 more source
Duality and difference operators for matrix valued discrete polynomials on the nonnegative integers [PDF]
, 2021 Bruno Eijsvoogel +2 more
openalex +1 more source
On Measuring the Welfare Cost of Inflation
Journal of Money, Credit and Banking, EarlyView.Abstract This paper uses neoclassical monetary demand theory to measure the welfare cost of inflation. It uses the microeconomic‐ and aggregation‐theoretic approach to the demand for money, that integrates the demand for money with the demands for consumption and leisure, and provides a comparison between the consumer surplus approach based on ...
APOSTOLOS SERLETIS, LIBO XU
wiley +1 more source
Asset Pricing and Risk‐Sharing Implications of Alternative Pension Plan Systems
The Journal of Finance, EarlyView.ABSTRACT We show that incorporating defined benefit pension funds in an incomplete markets asset pricing model improves its ability to match the historical equity premium and riskless rate and has important risk‐sharing implications. We document the importance of the pension fund's size and asset demands, and a new risk channel arising from ...
NUNO COIMBRA +3 more
wiley +1 more source
Molecular classification of hormone-sensitive and castration-resistant prostate cancer, using nonnegative matrix factorization molecular subtyping of primary and metastatic specimens. [PDF]
Prostate, 2022 Yuen KC +12 more
europepmc +1 more source
On Mixed Memberships and Symmetric Nonnegative Matrix Factorizations [PDF]
, 2016 Xueyu Mao +2 more
openalex +1 more source
Matrix-wise $\ell_0$-constrained Sparse Nonnegative Least Squares [PDF]
, 2020 Nicolas Nadisic +3 more
openalex +1 more source