We propose a new all-pay auction format in which risk-loving bidders pay a constant fee each time they bid for an object whose monetary value is common knowledge among the bidders, and bidding fees are the only source of benefit for the seller. We show that for the proposed model there exists a unique Symmetric Subgame Perfect Equilibrium (SSPE). The characterized SSPE is stationary when re-ent...

This paper presents a revenue maximisation model for sales channel allocation based on dynamic programming. It helps the media seller to determine how to distribute the sales volume of page views between guaranteed and nonguaranteed channels for display advertising. The model can algorithmically allocate and price the future page views via standardised guaranteed contracts in addition to real-t...

Adequate tax revenues are critical for a government to operate and maintain the delivery of services that its citizens depend. The stability of these revenues is necessary for a government to accurately forecast future revenue growth and to ensure that balanced-budget requirements are met. The Lexington – Fayette Urban County Government (LFUCG) depends upon five primary tax sources for nearly 9...

SUMMARY This article summarizes the study of Rozario, Vasarhelyi, and Wang (2022), which examines use consumer tweets in improving prediction error detection performance preliminary analytical procedures for revenue account firms that belong to consumer-oriented industries. They find about product or brand interest increase ability compared do not include it. These results suggest this new sour...

Purpose Post-disaster housing reconstruction (PDHR) demands a considerable percentage of global property investment, yet the post-disaster environment presents intricate challenges to financing for governments and at same time, revenue uncertainty private investors. The purpose this study is develop methodology tackling land shortage financial PDHR in aftermath disaster. Design/methodology/appr...

• Trawlers are profit-oriented, and increasing fishing revenue is a more important business objective than minimizing risk. The seasonal migration of North-east Arctic cod determines the dynamics trawl fishery in generating profit. Vertical integration Norwegian codfish industry spatial temporal flexibility to allocate effort make trawlers less vulnerable fluctuations. Minimizing risk leads ine...

Public owners face a constant demand for developing new projects and for funding the renewal, maintenance and operation of existing infrastructure projects. One way to raise capitals to provide new financial resources to constrained budgets is to securitize a stream of revenue cash flows from a portfolio of mature infrastructure projects. We present a new type of PBS, the revenue performance-li...

A carbon tax is a promising tool for discouraging the greenhouse gas emissions that cause climate change. In principle, a well-designed tax could reduce the risk of climate change, minimize the cost of emissions reductions, encourage innovation in low-carbon technologies, and raise new public revenue. But designing a real-world carbon tax poses significant challenges. We analyze those challenge...