We empirically examine two competing views of CEO pay. In the contracting view, pay is used to solve an agency problem: the compensation committee optimally chooses pay contracts which give the CEO incentives to maximize shareholder wealth. In the skimming view, pay is the result of an agency problem: CEOs have managed to capture the pay process so that they set their own pay, constrained somew...

Introduction It is critical for a firm to manage its demand when launching a new product successfully. It is well studied that demand of a new product diffuses in the market, driven by consumers’ word-of-month (Rogers 1995, Mahajan et al. 2000). However, in most previous research on dynamic pricing, the demand diffusion dynamics has largely been omitted (Elmaghraby and Keskinocak 2003). Without...

A circular polarization sensor is feasible to detect a sea-skimming cruise missile in a solar corridor. We report the simulated performance results of a shipboard medium-wave infrared (MWIR) circular polarization sensor to detect a sea-skimming missile above rough sea surface. The sensor observed total and circular target and sea clutter signals at night and during daytime in and out of the sol...

Metagenomic analyses are challenging in metazoans, but high-copy number and repeat regions can be assembled from low-coverage sequencing by "genome skimming," which is applied here as a new way of characterizing metagenomes obtained in an ecological or taxonomic context. Illumina shotgun sequencing on two pools of Coleoptera (beetles) of approximately 200 species each were assembled into tens o...

Green algae, Chlorella ellipsoidea, Haematococcus pluvialis and Aegagropila linnaei (Phylum Chlorophyta) were simultaneously decoded by a genomic skimming approach within 18-5.8-28S rRNA region. Whole genomic DNAs were isolated from green algae and directly subjected to low coverage genome skimming sequencing. After de novo assembly and mapping, the size of complete 18-5.8-28S rRNA repeated uni...

The literature provides some stylized guidelines for choosing between skimming and penetration pricing for new products in simple competitive scenarios. However, these guidelines do not resolve the practical dynamic pricing problem in the current complex dynamic environments, characterized by numerous brands, each with multiple products and price points, and differentiated on a variety of produ...