Product bundles may consist of multiple units of a single product (" uniform " bundles) or multiple units of more than one product (" mixed " bundles). In this paper, we examine consumer evaluations of mixed and uniform bundles. Two factors can explain preferences for mixed bundles. First, consumers may perceive each additional unit of a particular product as possessing less marginal value. Sec...

Market characteristics, including intrinsic demand and customer sensitivity on price and product performance level, are distinct at different markets. Comparisons of various product development strategies in one market or two geographically separated markets are conducted for three classes of products: development intensive products (DIPs) with constant unit cost, marginal cost-intensive produc...

Underlying a variety of techniques for approximate inference—among them mean field, sum-product, and cluster variational methods—is a classical variational principle from statistical physics, which involves a “free energy” optimization problem over the set of all distributions. Working within the framework of exponential families, we describe an alternative view, in which the optimization takes...

The difficulties of simulating non-Gaussian stochastic processes to follow arbitrary product–moment covariance models and arbitrary non-Gaussian marginal distributions are well known. This paper proposes to circumvent these difficulties by prescribing a fractile correlation function, rather than the usual product–moment covariance function. This fractile correlation can be related to the produc...

to evaluate the influence of core thickness and fabrication stages on the marginal accuracy of ips e.max press crowns.twenty ips e.max press crowns, 1.5mm thick, were fabricated on metal dies. the crowns had two different core thicknesses, 0.8mm for group a and 1mm for group b, ten for each group. marginal gap was measured after each stage of core fabrication, veneering and glaze firing. the sp...

A model of consumer behavior has been formulated by using an additive utility function and the hedonic pricing approach, in a virtual market. Since, there is a time lag between ordering and purchasing products (goods and services) online and receiving them, it means the consumer makes decision under uncertainty. The level of satisfaction with products with distinctive characteristics is describ...

A possibilistic marginal problem is introduced in a way analogous to probabilistic framework, to address the question of whether or not a common extension exists for a given set of marginal distributions. Similarities and differences between possibilistic and probabilistic marginal problems will be demonstrated, concerning necessary condition and sets of all solutions. The operators of composit...

Resource misallocation can lower aggregate total factor productivity (TFP). We use micro data on manufacturing establishments to try to quantify the extent of this misallocation in China and India in recent years. Viewing the data through the prism of the Melitz model of monopolistically competitive firms, we estimate sizable gaps in marginal products of labor and capital across plants within n...

‎Recently‎, ‎a new distribution‎, ‎named as extended generalized exponential distribution‎, ‎has been introduced by Kundu and Gupta (2011). ‎In this paper‎, ‎we consider the extended generalized exponential distribution with known shape parameters α and β. ‎At first‎, ‎the exact expressions for marginal and product moments of o...