In markets where transactions are governed by contractual incompleteness, revealed intentions to evade taxes may affect market performance. We experimentally examine the impact of tax evasion attempts on the performance of credence goods markets, where contractual incompleteness results from asymmetric information on the welfare maximizing quality of the good. We find that tax evasion attempts ...

We consider nonlinear nonconvex capacitated transportation problems where the nonlinearity occurs only in the last row of the transportation tableau. This transportation model can be successfully applied to economics representing the nonlinearity caused by penalties for unsatis®ed contractual quantities or by changing in price. An algorithm for local optimization, based on the algorithms for so...

Customer Relationship Management (CRM) enjoys increasing attention as a countermeasure to switching behaviour of customers. Because foregone profits of (partially) defected customers are significant, an increase of the retention rate can be very profitable. In this paper, we focus on the treatment of a company’s most promising customers in a non-contractual setting. We build a model in order to...

The following section will present a complete description of how value chains work within the biofuel industry and legal informal arrangements are establish to ease these chains’ functioning. This is particularly useful understand benefits responsibilities distributed from socioeconomic perspective.

...................................................................................................................................... III TABLE OF CONTENTS .................................................................................................................... V INNOVATING THROUGH STRATEGIC ALLIANCES: MOVING TOWARDS INTERNATIONAL PARTNERSHIPS AND CONTRACTUAL AGREEMENTS ...............