Despite the empirical relevance of advertising strategies in concentrated markets, the economics literature is largely silent on the effect of persuasive advertising strategies on pricing, market structure and increasing (or decreasing) dominance. In a simple model of persuasive advertising and pricing with differentiated goods, we analyze the interdependencies between ex-ante asymmetries in co...

A key lesson learned from economic and game theory research is that negotiation protocols have substantial, rippling effects on the overall nature of the system. online auctions are increasingly popular negotiation protocols for software agents (and humans) to compete on the prices of goods and services. This paper takes a critical look at these competitive protocols in retail markets from econ...

Recently, approaches that combine contexts and ontologies taking advantages of their strengths have been developed. Each of them solves different problems from different perspectives. The objective of this paper is to present problems that are not solved up to date as well as to introduce a conceptual proposal. To this aim, we base our analysis on a collaborative B2B scenario that is relevant f...

While agility is a core challenge in todays competitive business, softwarebased business process modeling and execution approaches often refer to strict and inflexible formalization. Complementary, we propose an extension of the business process model by integrating information from the Internet of Things to increase flexibility. Along with orchestration tools and knowledge worker support, new ...

this study investigates the effects of financial management practices and their role in economical development and organizational performance. economic environment is changing rapidly and this change is characterised by such phenomena as the globalization, changing customer and investor demands, ever-increasing product-market competition. to compete successfully in this environment organization...

With the increasing use of different types of auctions in market designing, modeling of participants’ behaviors to evaluate the market structure is one of the main discussions in the studies related to the deregulated power industries. In this article, we apply an approach of the optimal bidding behavior to the Iran wholesale electricity market as a restructured electric power industry and mode...

Competitive intelligence is a systematic approach for gathering, analyzing, and managing information to make informed business decisions. Many companies use competitive intelligence to identify risks and opportunities within markets. Point of sale data that retailers share with vendors is of critical importance in developing competitive intelligence. However, existing tools do not easily enable...

Remanufacturing is a product recovery option that upgrades the quality of returns to “as-good-as-new” conditions. Remanufactured products cost less, and are sold with the same or better warranty as for new products. In this paper, we consider a duopoly environment with two manufacturers in direct competition selling their respective new products on the primary market. Specifically, we address t...