We model a homogeneous product environment where identical e-retailers endogenously engage in both brand advertising (to create loyal customers) and price advertising (to attract “shoppers”). Our analysis allows for “cross-channel”e¤ects; indeed, we show that price advertising is a substitute for brand advertising. In contrast to models where loyalty is exogenous, these cross-channel e¤ects lea...

Acknowledgements This paper has benefited significantly from the comments and suggestions of Price Fishback. Also appreciated are the comments and suggestions of the participants of the

A unique approach is developed for evaluating personnel requirements of the National Imagery and Mapping Agency (NIMA). With this approach new ways of measuring personnel availability are proposed and available to ensure that NIMA remains ready to provide timely, relevant, and accurate imagery, imagery intelligence and geospatial information in support of the national security objectives of the...

A study of individual differences in the fluency disruptions of speakers of two different accents, Standard Southern British English (SSBE) and York English is presented. Distributions of rates of occurrence per 100 syllables are examined for filled and silent pauses, repetitions, prolongations and (self-)interruptions, and subcategories of these. Patterns of occurrence of disfluency features s...

The Internet contains a very high number of tourism sites. Who are the users of these sites and do they find the information useful? This paper address these questions based on national surveys in Norway among users of travel and tourism web sites. Key findings are; a majority of the Internet-population (60 percent) is using the web for travel search or planning purposes, online booking is not ...

The quality of an organizational website can be a competitive advantage in an increasingly fierce online environment. This article identifies decisive factors of website quality and assesses their effects on user satisfaction. While past website-quality research focuses on the perspectives of web developers and designers, our study targets web users and integrates perspectives of information sy...

This paper studies effects of price floors in a simple model of vertical product differentiation. We find that even non-binding price floors can increase quality on the market, if the cost of quality is sufficiently low. Where a binding price floor does not change the equilibrium quality, it makes consumers worse off. There is also a possibility of overinvestment into quality as a result of the...

The article provides an overview of the state of the art of sociological research on price formation. The dominant trait of the sociological approach to prices is to understand price formation not as the outcome of individual preferences but as the result of the social and political forces operating within the market field. The article proceeds from the concept of market fields and is organized...