Avoiding at all costs? An exploration of avoidance costs in a novel Virtual Reality procedure

Avoidance Costs in Optimal Penalties

Rejecting Capital-Skill Complementarity at all Costs

Any serious empirical study of factor substitutability has to allow the data to display complementarity as well as substitutability. The standard approach reflecting this idea is a translog specification – this is also the approach used by numerous studies analyzing the relative capital-skill complementarity hypothesis formulated by GRILICHES (1969). According to this hypothesis, the degree of ...

Avoiding the hidden costs of computer conversions.

T most important aspect of computerization is “planning.” It is as important to plan for the actual transfer of data from a manual billing system to computer (computer conversion) as it is to plan for the purchase of a computer system for your business. With careful planning, both expected costs and unforseen costs of converting to the computer system won’t punch a giant hole in your checkbook....

Administration of blood components--avoiding unnecessary costs.

Blood components must be transfused through a sterile, pyrogen-free transfusion set which has an in-line filter (170 μm pore size), drip chambers and tubing. The filter serves to remove potentially harmful clots and debris that may have formed during collection or storage. Although the Transfusion Services carefully inspect individual units before issuing, there is a slight chance that a small ...

Analysis of liquids and chemicals costs in a sample port

In recent years, the application of Activity-Based Costing in Port industry has been deeply researched in theory and practice, but researchers only concentrate on the bulk and general cargo’s ABC in loading and unloading operations and there is little about the liquids and chemicals’. Based on the liquids and chemicals’ handling process and the particularity of their cost accounting, the paper ...