How can a service firm right-size marketing expenses and yet strive to maximize revenue? This paper represents the first attempt to model these efficiency and effectiveness issues using a 49-unit Asia–Pacific hotel chain as illustration. We employ a triangular DEA model with total expenses (controlling for number of rooms) as the raw input, marketing expenses as intermediate output/input and re...

Energy-producing states confront numerous challenges related to the boom-and-bust of resource extraction, including substantial fluctuation in revenue produced by severance taxes. Revenues surge as drilling expands during booms, creating many pressures for immediate expenditure. This often sets up enormous strain during bust periods when revenues plunge as longer-term needs emerge. This paper, ...

The paper surveys recent results of auction theory, bargaining theory and political economy in order to compare di erent methods of privatization. We assume that a government is not only interested in maximizing revenues from privatization but also in achieving an e cient allocation of ownership rights. We show that these two goals may be in con ict with each other. However, we argue that in a ...

In this paper, we claim that optimal retention management models should consider not only churn probability but also retention probability and expected revenues from target customers. To validate our claim, we develop and compare five retention management models based on churn probability, retention probability, expected revenues, and combination of these models along with different evaluation ...

Internet is evolving, traffic continues to grow, new revenue sources are sought by Network and Service Providers. Value added services with real time characteristics are likely to be common currency in the near future. Quality of Service (QoS) could allow Application/Service Providers (APs) to offer better services to the end users. At the same time, all actors claim for a fair distribution of ...

OBJECTIVES To assess the economic impact of a 100% smoke-free law on bars and restaurants in an Argentinean province. MATERIALS AND METHODS We conducted a time series analysis of restaurant and bar revenues in the province of Santa Fe 31 months before and 29 months after the implementation of the 100% smoke-free environment law. The neighboring province of Entre Rios without smoking restricti...

In a New York Times op-ed earlier this year (April 9, 2003), Steve Clemons of the New America Foundation has proposed that Iraq establish an Alaska-style oil fund that would pay annual dividends to the citizens of Iraq.ii In Alaska, revenues from oil leases have been invested in a permanent fund, which has grown to $23.5 billion in 2002; part of the fund’s income is now distributed directly to ...

This article challenges claims that liberalising state regulated markets in developing countries may induce lasting economic development. The analysis of the rise of tourism in Egypt during the last three decades suggests that the effects of liberalisation and structural adjustment are constrained by the neo-patrimonial character of the Egyptian political system. Since the decline of oil rent r...

Objective: To estimate cigarette demand and to simulate a tax policy targeted to reduce tobacco consumption. Materials and methods: Demand was estimated using a vector error correction model. Simulation exercises present the impact of a tax increase on consumption and revenues. Results: Changes in real income and the real price of cigarettes affect the demand for cigarettes in Argentina. Th...

John M. Marsh (406) 994-5621 [email protected] Profits for U.S. cow-calf producers and cattle finishers depend upon livestock revenues and feed and non feed costs. Some factors that influence profits are subject to management decisions such as technology adoption, health and feed nutrition programs, genetics, and marketing strategies. However, the market components of revenues or costs such as...