摘要:

AbstractThe purpose of this paper has been to compare research evidence related to consumer attitudes to specific price increases and to inflation as a general phenomenon with attitudes of British governments as expressed in government anti‐inflation policies. In carrying out the enquiries the aim was to bridge the gap between economics and psychology. The findings indicate that the learning and relearning of prices in time of inflation presents considerable problems; so does communication between governments and the public. One message which would appear to have got through to governments is that of consumer discontent with rising prices. In response governments have at times introduced price restraint policies. The author suggests that the existence of inflation has shifted the focus of attention from satisfactions to dissatisfactions and that it may be necessary therefore to examine which factors are most important for consumer studies and for government policies: consumer attempts to maximize their satisfactions or their attempts to minimize their discontent

ISSN:0143-6570    

DOI:10.1002/mde.4090020103

出版商:John Wiley&Sons, Ltd.    

年代:1981

数据来源: WILEY

摘要:

AbstractThere is no more pervasive economic doctrine than the belief that an increase in industrial concentration results in greater monopoly power and higher profits, but some recent American research contradicts that traditional hypothesis. This paper summarizes that research and presents new Canadian evidence, taking the first step toward ending Canadian dependence upon cross‐section data. Time‐series analysis shows that changes in concentration between 1948 and 1965 did not bring the traditionally expected changes in profit rates. Most cross‐section tests with the new evidence also contradict the traditional hypothesis. These findings encourage further open‐minded questioning and suggest some avenues for additional r

ISSN:0143-6570    

DOI:10.1002/mde.4090020104

出版商:John Wiley&Sons, Ltd.    

年代:1981

数据来源: WILEY

摘要:

AbstractThis paper shows the growth in the ownership of British equity capital by financial institutions and examines the “control” implications of this development. Various aspects of the ownership versus control debate are highlighted, and data on the control potential of financial institutions are presented. The findings suggest that fund managers had pursued policies of extreme portfolio diversification, using their growing funds to acquire more and more small shareholdings in a greater number of companies rather than concentrating their holdings in a few compan

ISSN:0143-6570    

DOI:10.1002/mde.4090020105

出版商:John Wiley&Sons, Ltd.    

年代:1981

数据来源: WILEY

摘要:

AbstractThis is a study of comparative efficiencies of domestic Puerto Rican firms and subsidiaries of multinational corporations, all food wholesalers, operating under similar environmental dimensions during a period of distinct opportunity for total market expansion and an unexpected threat to market shares. Using a linear model, the relationship between value added and operating expenses demonstrates that foreign subsidiaries were distinctly superior in resource management initially but that by the last year of the study local management showed greater improvement in lowering operating expenses and a tendency to imitate the models of technological and managerial efficiencies of the foreign firms.

ISSN:0143-6570    

DOI:10.1002/mde.4090020106

出版商:John Wiley&Sons, Ltd.    

年代:1981

数据来源: WILEY

摘要:

AbstractTo begin with, it is argued that consumer demand theory has resulted in narrowly econometric more than broadly managerial applications. Further, Lancaster's recognition of the intrinsic attributes of goods has not been adequately exploited. Lancaster is summarized and appraised and empirical work to date reviewed. Finally a test of the characteristics hypothesis is given, using survey data on beer consumption. Subjectivity of choice is explicitly recognized and factor analysis is used to evaluate the components of demand of which quality and price variables appear to dominate. With the matching of the people‐characteristics features (demand) and the technical goods‐characteristics attributes (supply) a method of predicting demand is derived. This methodology may be used for a wide range of consumer go

ISSN:0143-6570    

DOI:10.1002/mde.4090020107

出版商:John Wiley&Sons, Ltd.    

年代:1981

数据来源: WILEY

摘要:

AbstractIn this paper the author identifies two related problems in financial modelling. First, the problem of implementing financial decision theory in practical decision situations and, second, the need to develop existing managerial financial models. A discussion of organization decision processes indicates possible reasons for the relative failure of management science and financial theory based models in practice and the predominance of accounting based models. This analysis of strategic decision processes suggests key design features for the implementation of financial models. Finally, research orientated models designed using these guidelines are seen as appropriate media for the transfer of knowledge between financial decision theory and financial practice. This is seen as providing a tentative basis for the development of managerial financial models. Throughout the paper the author uses examples from his own experience in model building in instalment credit, and leasing financial intermediaries, i.e. “Finance Houses

ISSN:0143-6570    

DOI:10.1002/mde.4090020108

出版商:John Wiley&Sons, Ltd.    

年代:1981

数据来源: WILEY

摘要:

AbstractThe Dutch pharmaceutical industry is characterized by a high degree of innovative rivalry resulting in frequent rises and falls in market shares by both firms and products. Conventional concentration ratios, Herfindahl indices and market share stability measures are not highly correlated. The market, however, does display price sensitivity. Elasticity of demand for new products is inversely related to their incremental quality and directly related to their age.

ISSN:0143-6570    

DOI:10.1002/mde.4090020109

出版商:John Wiley&Sons, Ltd.    

年代:1981

数据来源: WILEY

ISSN:0143-6570    

DOI:10.1002/mde.4090020110

出版商:John Wiley&Sons, Ltd.    

年代:1981

数据来源: WILEY

ISSN:0143-6570    

DOI:10.1002/mde.4090020111

出版商:John Wiley&Sons, Ltd.    

年代:1981

数据来源: WILEY

ISSN:0143-6570    

DOI:10.1002/mde.4090020112

出版商:John Wiley&Sons, Ltd.    

年代:1981

数据来源: WILEY