by approval of building advance-sale act in 2010, it is permitted to sell in advance the buildings to be built in future. in this act, certain rights and obligations are provided for the advance-sellers and advance-buyers. the approval of the said act is a development in the law of sale of buildings. amongst them are the requirement for official registration of any building advance-sale, statut...

extension of the building advance-sale contracts on the one hand, and inadequacy of the provisions of the civil code on protection of  building advance-buyers before making its completion, on the other, consequently causing many problems for people in the community (society), has forced the legislature to pass the building advance-sale code in 2010. the parties of these contracts are called adv...

Advance selling occurs when sellers allow buyers to purchase at a time preceding consumption (Shugan and Xie 2000). Electronic tickets, smart cards, online prepayments, and other technological advances make advance selling possible for many, if not all, service providers. These technologies lower the cost of making complex transactions at a greater distance from the seller’s site. They also giv...

The rise of social media encouraged customers to share information more frequently and to larger extent. Previous work primarily focused on how and why customers share information in online social commerce sites. In the current study, we distinguish between the two types of users: sellers and non-sellers in social commerce sites. Drawing on the goal theory, we empirically examine intrinsic and ...

Laboratory methods are used to evaluate factors that affect the success of price-fixing conspiracies. In standard posted-offer markets with no discounts, sellers are able to approach joint-profit-maximizing prices when they are allowed to discuss their decisions in advance. But such discussions are not effective when sellers are allowed to offer secret discounts from their posted prices; transa...

The Internet provides an unprecedented capability for sellers to learn about their customers and offer custom products at special prices. Advanced manufacturing technologies have improved sellers’ manufacturing flexibility. To examine how these advances affect sellers’ products and pricing, we first develop a model of product customization and flexible pricing to incorporate the salient roles o...

Although some sellers have practiced advanced selling, the generality of its profit advantage is just now being realized. Further, recent development in technologies such as electronic tickets, smart cards, biometrics, and online prepayments now make it appropriate for nearly all services. Advance selling can improve profits for reasons very different from the traditional price discrimination e...

This paper develops a framework for integrating contract markets with spot markets using tradable options for capacity. Sellers and Buyers may either contract for delivery in advance (the \contracting" option) or they may sell and buy some or all of their output/input in a spot market. Contract pricing involves both a reservation fee per unit of capacity and an execution fee per unit of output ...