Most skills acquired through on-the-job training may be specific to an occupation and therefore transferable to some but not all firms. However, economists have typically focused on skills that are either specific to a given firm or skills that are completely general. This paper explores the relationship between the size of the local market for an occupation-specific skill and job-training outc...

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...

1 Takeda GmbH, Zurich, Switzerland 2 IEMS, University of Lausanne, Switzerland 3 MArS Market Access & Pricing Strategy GmbH, Weil am Rhein, Germany 4 State University Baden Wuerttemberg, Loerach, Germany 5 Riedlingen University, SRH FernHochschule, Riedlingen, Germany Corresponding author: Dr. Stefan Walzer MArS Market Access & Pricing Strategy GmbH Geffelbachstr. 6 79576 Weil am Rhein Germany ...

The gaining returns in line with risks is always a major concern for market play-ers. This study compared the selection of stock portfolios based on the strategy of buying and retaining winning stocks and the purchase strategy based on the level of investment risks. In this study, the two-step optimization algorithms NSGA-II and SPEA-II were used to optimize the stock portfolios. In order to de...

By employing dynamic pricing, the act of changing prices over time within a marketplace, sellers have the potential to increase their revenue by selling goods to buyers “at the right time, at the right price.” As dynamic pricing systems become necessary as a competitive maneuver and as market mechanisms become more complex, there is a greater need for pricing agents to be used, and also a great...

The restaurant business in Mexico is spilling about 40 million dollars a year. Domino `s Pizza is the industry leader, with a market share of 39%. His closest competitor, Pizza Hut, have the 3.9%. What do they do to compete in a market almost dominated by Domino `s Pizza? What strategy should be used Little Caesars to get a bigger market share? In the following paper, through some qualitative m...

Although previous research has reported that the momentum strategy is effective in the US equity market, the contrarian strategy is effective in the Japanese equity market. The current research illuminates the relationship between the return found with the contrarian strategy (contrarian return) and credit rating in the Japanese equity market. We empirically verify the relationship between thes...

A thin market is a market with few buying or selling offers. The concept of market thinness, while general, is typically used in the context of financial markets. When the number of buying or selling offers is small, investors' trading positions are large relative to market size. Trading then requires price concessions and thus exerts an impact on prices. A thin market is characterized by low t...