We propose a restructuring of U. S. Federal debt. All debt should be perpetual, paying coupons forever with no principal. The debt should be composed of the following: 1) Fixedvalue, floating-rate, electronically transferable debt. Such debt looks like a money-market fund, or reserves at the Fed, to an investor. 2) Nominal perpetuities. This debt pays a coupon of $1 per bond, forever. 3) Indexe...

Prior research on regret has assumed a consideration set of only two-alternatives. The authors have relaxed that assumption and have developed hypotheses to examine the influence of the unawareness set and order effects in the measurement of consumer regret in a post-purchase evaluation. The results demonstrated that the brands consumers were previously unaware of, do indeed influence consumer ...

Counterfeit pharmaceutical products are a real threat to the health of patients, and to the reputation and commercial success of legitimate producers of genuine products. NIR chemical imaging provides a rapid method for detecting and comparing suspected counterfeit products with no sample preparation. With appropriate choice of operating conditions, multiple samples can be compared simultaneous...

Consumer research using Distinctiveness theory implies that targeted advertisements will be most effective in contexts where the targeted group is a numeric minority. This paper investigates the influence of social status in addition to numeric status. Results demonstrate that incorporating social dimensions increases the explanatory value of distinctiveness theory for consumer research. We dis...

The paper reports on the results of a five-month project utilizing Radio Frequency Identification (RFID) along a fashion retailing supply chain. The supply chain included the fashion manufacturer Gerry Weber and department store retailer Kaufhof. The project identified numerous issues that should be addressed in a successful implementation of RFID including the technical choices and design of t...

Due to requirements of renewable and distributed energy integration,sustainability and energy security, the existing power grid is undergoing radical changes.The lines between producers and consumers are becoming blurred. In this paper, we provide a constrained formulation of the power allocation problem, which is emerging in such producer-consumer hybrid environments, and obtain decentralized ...

We apply network analysis to study bipartite consumerservice graph that represents service transaction to understand consumer demand. Based on real-world computer log files of a library, we found that consumer graph projected from bipartite graph deviates significantly from theoretical predictions based on random bipartite graph. We observed smaller-than-expected average degree, larger-than-exp...

BACKGROUND Public agencies, health care plans, providers, and consumer organizations share the need to monitor the health care needs and quality of care for children with special health care needs (CSHCN). Doing so requires a definition of CSHCN and a precise methodology for operationalizing that definition. RESEARCH OBJECTIVES The purpose of this study was to develop an efficient and flexibl...