This paper studies Item Pricing Laws IPLs which require that each item in a store be individually marked with a price sticker and examine and quantify their costs and benefits. On the cost side, the paper argues that item-pricing laws increase the retailers' costs, forcing them to raise prices. This...
This research seeks to examine road pricing on a network of autonomous highway links. By autonomous it is meant that the links are competitive and independent, with the objective of maximizing their own profits without regard for either social welfare or the profits of other links. The principal goal of...
The market effects of the introduction of a new consumer product are often difficult to predict. Market surveys (e.g., Menkhaus, Whipple, and Field) and test marketing are two methods used to anticipate the effects of introducing a new product. However, surveys are not perfect predictors of actual market behavior and...
Energy costs are a major concern for supermarket operators, since they typically represent the third largest operating expense after the cost-of-goods sold and labor. Supermarkets may also be some of the largest customers of electricity in an area and have a high base load demand. In September 2001, a supplemental...
The Strengths, Weaknesses, Opportunities, and threats SWOT Analysis is an analytical framework that helps an organization in identifying its inherent strengths and weaknesses and the opportunities and threats prevalent in the external environment of the organization. Strategic planning is the assessment of environmental factors affecting the organization and accordingly planning...
The marketing concept calls for identifying the needs and wants of the consumers and accordingly producing the goods or services that will satisfy consumer’s needs and wants. It is a proactive approach towards conducting business. Delivering customer value and satisfaction is the essence of the marketing concept. It also entails...
Negotiating and supply management are two important marketing tools for farmers to consider. The two strategies are commonly used in business. They work in different ways, however. To get a feeling for how they are different, consider a common experience we have all had, that of buying a car. Surely,...
Product differentiation in durable-goods markets is often complicated by the fact that decision processes for the market participants are intrinsically dynamic. Transaction costs in selling used goods prompt consumers to think ahead in order to avoid adverse lock-ins, and hence have a strong influence on the endogenous formation of these...
This study reviews the literature on consumer preferences and willingness to pay for pork produced through alternative methods such as natural and organic production. It finds evidence suggesting that many consumers are willing to pay relatively high premiums for natural and organic pork. This study also investigates the degree to...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c93999) has announced the addition of "Journal of Algorithms & Computational Technology" to their offering. Editorial Board Europe representative: Professor F. Magoules, Ecole Central, France Asia representative: Professor T. Tang, The Hong Kong Baptist University, China North America...
From "paper or plastic" to 31 flavors of ice cream, people's lives are full of choices. Now, new research suggests that facing too many decisions can sap your stamina, your ability to stay focused and even maintain self-control. A number of experiments have shown that people faced with a variety...
WASHINGTON -- A study submitted in support of community pharmacy's court challenge to the Medicaid reimbursement cuts imposed by the Centers for Medicare and Medicaid Services CMS provides a startling view of the flawed methodology used by the agency. Ironically, the report was conducted by an expert who...
You can lead school kids to water, but you can't make them drink ("School kids may not shun healthful lunches," Nov. 26). The same is true for the "healthful" school foods that University of Minnesota researchers claim kids are so enthusiastic about. The researchers found that children continued to buy...
WASHINGTON -- Three U.S. professors won the Nobel Memorial Prize in Economic Science on Monday for their work studying markets and the optimal way to bring together buyers and sellers, research that has everyday applications for everything from health insurance pricing to corporate pay incentives to auction formats. ...
STOCKHOLM, Sweden -- Americans Leonid Hurwicz, Eric S. Maskin and Roger B. Myerson won the Nobel prize in economics on Monday for developing a theory that helps explain how incentives and private information affect the functioning of markets. Hurwicz, 90, is the oldest Nobel winner ever, according...
TRIMscience is a weight management company that markets and distributes health products and supplements tailored to improve the well being of its customers. The Company's main product, TRIMscience Acacia 120, was developed by researchers at the University of Minnesota. A recent clinical study from the University of Connecticut shows that...
JACKSONVILLE, Fla. -- a21, Inc. ("a21") (OTCBB:ATWO), a leading online digital content marketplace, today announced that John O. Hallberg has been appointed to the Company's Board of Directors. "With an extensive and diverse background marketing branded consumer products, as well as specific experience in both the stock photography...
ALISO VIEJO, Calif. -- Valeant Pharmaceuticals International (NYSE:VRX) today announced that it is developing an intranasal form of delivery for diazepam for the treatment of seizure emergencies in children and adults, in conjunction with researchers from the University of Minnesota. Valeant currently markets Diastat[R] AcuDial[TM] diazepam rectal gel -- the...
Vision Research, Inc. today announced theaddition of Richard Dick Toftness to its management team as VicePresident of Research and Development. Mr. Toftness will be responsible forVision Research's worldwide engineering operations. Before joining Vision Research, Mr. Toftness held the role of Senior VicePresident of Advanced Business Development at Xsil Ltd, a...
Private label supplement manufacturer Vitamer Labs of Irvine, Calif., hired Nicole Ely as technical marketing associate. Ely has more than nine years of experience in the dietary supplement industry in Southern California. The American Association for Cancer Research-Cancer Research and Prevention Foundation gave internationally recognized expert on tobacco and cancer...