Stock price has been found to provide important information about future economic activities. Fama (1981), Fischer and Merton (1984), and Barro (1990), among many others, document a positive relation between stock market return and subsequent growth in investment and output. These findings are consistent with rational expectations asset pricing models, in which stock price is equal to the sum o...

public class BRPriceDiscount{ private Float percentage; abstract public boolean condition(); public Float action(Float price){...} public Float apply(Float price){ if (condition()){ return action(price); else{return price}; } } } Suppose we consider two concrete price personalization business rules: BR1 if today is Christmas then a customer gets a 5% discount and BR2 if the customer has bought ...

C a firm that sells products over repeated seasons, each of which includes a full-price period and a markdown period. The firm may deliberately understock products in the markdown period to induce highvalue customers to purchase early at full price. Customers cannot perfectly anticipate availability. Instead, they use observed past capacities to form capacity expectations according to a heurist...

Technological advances are preparing consumers to plan their purchases strategically. Selling strategic at a fixed price forgoes the profit from salvaging inventory, whereas high-low pricing, as ubiquitous pricing strategy, is costly due offered markdown discount. This research explores overall impact of consumer's buying behaviour on and identifies conditions where high or best approach by ana...

Maingot, F.R.u.s. (trig.;, wun an introduction by the Right Hon'ble Lord Moynihan of Leeds, K.C.M.G., C.B., M.S., F.R.C.S. (Eng.). 1936. Medical Publications Limited, London. To be complete in three volumes. Volume I. Pp. xvi plus 1742 with 846 illustrations. Price, 50s. per volume or ?6 6s. per set of three volumes. Sold in complete sets only. Price, Rs. 150. Payable Rs. 20 per month: 10 per c...

The authors’model of Internet pricing competition shows how differences in switching costs, increasing returns to scale, and discount rates between pure and hybrid etailers affected their choice of pricing objective. During the run-up of Internet stocks, differences in these determinants motivated pure e-tailers to build their customer base, whereas hybrid e-tailers leveraged their relationship...

To attract and keep customers, companies, especially those in e-business, are increasingly offering free shipping to buyers whose order sizes exceed the free shipping quantity. In this paper, given the supplier offers free shipping and the retailer faces stochastic demand, we determine the retailer’s (i.e., the newsvendor’s) optimal order quantity and the optimal selling price simultaneously. W...

this paper examines the accuracy of valuation models in providing reasonable estimation of the market values of listed companies in tehran stock exchange (tse). six valuation models including gordon growth model, two stage dividend discount model, adjusted present value, price to earning ratio and residual income were examined in this study. in addition, three proxies represent the market value...

A joint replenishment problem is presented to determine the ordering policy for multiple items having a certain percentage of defective units. The purpose of this paper is to study the impact of the percentage of defective units on the ordering policy. Two different scenarios are presented for joint replenishment problem: (1) without price discount and (2) with price discount. For each scenario...

W model a situation in which two retailers consider launching an “Advance Booking Discount” (ABD) program. In this program, customers are enticed to precommit their orders at a discount price prior to the regular selling season. However, these precommitted orders are filled during the selling season. While the ABD program enables the retailers to lock in a portion of the customer demand and use...