Price coordination can be very harmful for consumers. Yet, even if a cartel is proved to exist, and successful in enforcement, how do we estimate damages or price overcharges to consumers? We build a structural model of the Irish automobile market that avails of a crosssection of new cars and jointly estimate demand and cost primitives. We use these estimates to quantify the role that price coo...

We investigate the relationship between pay, supervision and employee sharing. Our results suggest an inverse relationship between supervision and pay across both sharing and non-sharing firms, although the trade-off is somewhat assuaged within the former. This would appear to contradict instrumental efficiency wage considerations, but could be rationalised within a gift-exchange context. In te...

The necessity of forming reports for the purposes management accounting and expanding analysis through introduction value-added indicators is substantiated economic models their calculation in Excel format are presented, while it noted that value added more informative than net profit

We investigate the role of incentives set by a parent firm for competition among its subsidiaries. In a Cournot experiment four subsidiaries of the same parent operate in the same market. Parents earn a specific share of the joint profit and can choose how to distribute the remaining surplus (or loss). Results show that parents allocating profits equally among their subsidiaries reach outcomes ...

Instrumental efficiency wage models predict an inverse relationship between wages and supervision with this relationship becoming more pronounced amongst firms that participate in some form of employee sharing. To be sure, our theoretical exposition predicts that an increase in total remuneration will elicit a larger cut in optimal monitoring in ‘sharing’ rather than ‘non sharing’ firms. In thi...

Some studies suggest that fishery yields can be higher with reserves than under conventional management. However, the economic performance of fisheries depends on economic profit, not fish yield. The predictions of higher yields with reserves rely on intensive fishing pressures between reserves; the exorbitant costs of harvesting low-density populations erode profits. We incorporated this effec...

A small printing company in Johannesburg has experienced a steady decline in profits over the past four years, and wishes to reverse this trend. The objective of this study was to assess the implementation of Lean Manufacturing in that context, and to determine the impact it had on the printing company’s profit margin. A process-mapping of the printing organization was performed; this process-m...

This study aims to analyze the essence of profit sharing contracts for Islamic venture capital companies. uses a qualitative method which is that focuses on in-depth observation. Therefore, use methods in this resulted more comprehensive review profit-sharing type research author normative legal research. The nature writing descriptive approach used statutory and conceptual approach. results in...

We report a multiresistant Enterobacter cloacae outbreak in an intensive care unit, associated with mattresses and with antibacterial-treated and vapour-permeable polyurethane synthetic mattress covers of therapeutic beds.

Emergence of green supply chain management could be attributed to the rising public awareness of environmental problems. Consumers say they increasingly prefer to purchase products that are produced with a minimum of pollution and with minimal environmental impact. Therefore, companies that successfully adopt a green policy can generate profits, reduce environmental impact, and provide positive...