The concept of consumer confusion has gained a considerable attention in consumer behavior literature during recent years. However,it is considered as a relatively new concept in marketing, particularly in businesses that provide intangible products such as tourism. This study aimed to investigate factors that potentially influence consumer confusion proneness in purchasing outbound package tou...

Pakistan, like many LDCs, derives most of government revenue from indirect taxation. However, the system of taxes and subsidies has grown up piecemeal over the years, and it is unlikely that it cannot be improved. Any tax reform proposal must deal with the basic issues of equity and efficiency. Changes in taxes benefit or hurt people according to their demand and supply patterns, while the effe...

This paper presents a method that uses a simulation-based real options analysis to determine the value of waiting after obtaining a remaining useful life (RUL) indication from prognostics and health management (PHM) structures within a wind turbine. This methodology potentially allows the threshold for maintenance to be optimized in real-time based on the state of health of the turbine, the ant...

The pasture-based model of livestock production can bring a broad array of benefits to farmers, consumers and their communities. Over the past three years, members of the Mott Group have been conducting research on pasture-based agriculture and its prospects in Michigan, with a key question in mind: is there potential to expand the market for these products? Based on our findings, we believe th...

341 Alcohol research is carried out from a variety of disciplinary backgrounds and perspectives. From an economic perspective, alcoholic beverages are consumer goods, and therefore what is known about consumer behavior in general is likely to provide insights into alcohol consumption in particular. Perhaps the most basic prediction from the economic model of consumer behavior is that, other thi...

We develop a theoretical model about how organizations cope with the bullwhip effect created by consumer demand uncertainty through product modularity and information sharing across the supply chain. Unpredictability of consumer demand is likely to accentuate inventory flows in the supply chain. Information sharing and product modularity can be used by organizations to mediate the impact of unc...

described how the Internet enables a new supply chain paradigm, a push-pull paradigm that replaces the traditional push model. In the past, most companies operated by forecasting long-term demand, mass-producing inventories of product to fulfill the anticipated demand and then "pushing" the inventories on to the customer. The disadvantage of the push model is that production decisions are based...