Has Revenue Management become Acceptable?

Has Revenue Management Become Acceptable? Findings From an International Study on the Perceived Fairness of Rate Fences

Demand-based pricing is underused in many service industries, because customers are believed to perceive such pricing as unfair. Fencing can be highly effective in improving the perceived fairness of demand-based pricing. In this study, five fences were explored in a restaurant context across three countries (Singapore, Sweden, and the United States). Demand-based pricing in the form of coupons...

Reasoning has become a luxury

It is being talked about all over the world; an editorial in the Economist of 19 October 2013 entitled " How Science Goes Wrong " reports a dramatic decline in the quality of scientific publications. Research has changed the world, now it needs to change itself, the subheading reads. The detailed report is based on facts which are difficult to disprove; an example being a Harvard biologist, Joh...

Has screening mammography become obsolete?

Why Has Output Become Less Volatile?

has become noticeably less volatile. During that time, the economy has experienced two recessions, compared with four in each of the two preceding twenty year periods. Further, the loss in output during the last two recessions has been smaller than what prior experience would lead one to expect. Moreover, the reduction in output volatility is not confined to business cycle frequencies.This can ...

Coeliac disease diagnosis: has histopathology become redundant?