We demonstrate a negative relationship between pro-market reforms and the sustainability of superior profits in an emerging economy. The decline in sustainability of superior profits shows that pro-market reforms bring significant threats in addition to the various opportunities such as greater availability of production factors and greater freedom to enter and operate businesses highlighted in...

This paper investigates the effect of capacity constraints on the sustainability of collusion in markets subject to cyclical demand fluctuations. In the absence of capacity constraints (i.e. a limiting case of our model), Haltiwanger and Harrington (1991) show that firms find it more difficult to collude during periods of decreasing demand. We find that this prediction can be overturned if firm...

This paper studies the supply chain system composed of online brand owners based on pure network sales to offline expansion, takes single channel model, establishes two dual-channel structure models direct selling model and distribution compares analyzes influence different structures pricing, demand optimal profit members. Research shows that brands in development strategy choice open stores f...

the most current pursuit algorithms for moving targets which are presented so far in the literatureare pure pursuit and pure rendezvous navigations. recently, one of the present authors has introduced ageometric model for the pure pursuit navigation algorithm. here, in this paper, we study a new algorithm forthe pursuit navigation problem which is a combination of both of the above algorithms. ...

In this paper, a stochastic programming approach is applied to the airline network revenue management problem. The airline network with the arc capacitated single hub location problem based on complete–star p-hub network is considered. We try to maximize the profit of the transportation company by choosing the best hub locations and network topology, applying revenue management techniques to al...

in this paper‎, ‎we introduce the notion of $(m,n)$-‎algebr‎aically compact modules as an analogue of algebraically‎ ‎compact modules and then we show that $(m,n)$-algebraically‎ ‎compactness‎ ‎and $(m,n)$-pure injectivity for modules coincide‎. ‎moreover‎, ‎further characterizations of a‎ ‎$(m,n)$-pure injective module over a commutative ring are given‎.

Bundling is a basic problem in commerce. We define and study the Bundling Game: each of n players with a unique product to sell can choose to sell their products in bundles with other players’ products so as to maximize their payoff; the players all have knowledge of the valuations of m (potential) buyers for each of the products. We define two natural classes of payoff functions Fair Profit Sh...

In most wholesale electricity markets generators must submit step-function offers of supply to a uniform price auction, and the market is cleared at the price of the most expensive offer needed to meet realised demand. Such markets can most elegantly be modelled as the pure-strategy, Nash Equilibrium of continuous supply functions, in which each supplier has a unique profit maximising choice of...

In this paper, we provide a model for choosing the optimal number of bundles and their prices in the context of designing markets for information goods. Selling bundled goods is a widespread phenomenon, and a recent paper by Bakos and Brynjolfsson (1999) showed that under conditions of zero marginal cost, and independent and identically distributed customer valuations, pure bundling is optimal ...