Search results: Found 21

Listing 1 - 10 of 21 << page
of 3
>>
Sort by
Road Pricing and Provision

Authors: ---
ISBN: 9781760462307 Year: DOI: 10.22459/RPP.07.2018 Language: English
Publisher: ANU Press
Subject: Economics --- Medicine (General)
Added to DOAB on : 2018-09-13 11:01:03
License: ANU Press

Loading...
Export citation

Choose an application

Abstract

Road pricing is not a new concept—toll roads have existed in Australia since Governor Macquarie established one from Sydney to Parramatta in 1811—and distance-based charging schemes have been trialled and implemented with varying success overseas. But how would full market reform of roads look in a federation like Australia? In its responses to the 2016 Australian Infrastructure Plan and the 2015 Competition Policy Review, the Australian Government explicitly supported investigating cost-reflective road pricing as a long-term reform option, and has committed to establishing a study chaired by an eminent Australian to look into the potential impacts of road pricing reform on road users. The challenges we face in this space are manifold and complex, and we still have a long road ahead of us. However, with advocacy for reform coming from interest groups as diverse as governments, private transport companies, peak industry bodies, policy think tanks and state motoring clubs, there is now more support than ever before for changing the way we provide for and fund our roads. This book seeks to advance the road reform agenda by presenting some of the latest thinking on road pricing and provision from a variety of disciplinary approaches—researchers, economists and public sector leaders. It stresses the need for reform to ensure Australians can enjoy the benefits of efficient and sustainable transport infrastructure as our population and major metropolitan cities continue to grow. Traffic congestion is avoidable, but we must act soon. The works presented here all point to the need for change—the expertise and the technology are available, and the various reform options have been mapped out in some detail. It is time for the policy debate to shift to how, rather than if, road reform should progress.

Keywords

Toll roads --- taxation --- road pricing --- Australia

Joint Pricing and Inventory Control under Reference Price Effects

Author:
Book Series: Forschungsergebnisse der Wirtschaftsuniversitaet Wien ISBN: 9783631589137 Year: Pages: 124 DOI: 10.3726/b13901 Language: English
Publisher: Peter Lang International Academic Publishing Group
Subject: Business and Management
Added to DOAB on : 2019-01-15 13:32:26
License:

Loading...
Export citation

Choose an application

Abstract

In this work, we address the problem of simultaneously determining a pricing and inventory replenishment strategy under reference price effects. This reference price effect models the fact that consumers not only react sensitively to the current price, but also to deviations from a reference price formed on the basis of past purchases. Immediate effects of price reductions on profits have to be weighted against the resulting losses in future periods. By providing an analytical analysis and numerical simulations we study how the additional dynamics of the consumers’ willingness to pay affect an optimal pricing and inventory control model and whether a simple policy such as a base-stock-list-price policy holds in such a setting.

Single Period Inventory Control and Pricing

Author:
Book Series: Forschungsergebnisse der Wirtschaftsuniversitaet Wien ISBN: 9783631612224 Year: Pages: 116 DOI: 10.3726/b13914 Language: English
Publisher: Peter Lang International Academic Publishing Group
Subject: Economics
Added to DOAB on : 2019-01-15 13:32:25
License:

Loading...
Export citation

Choose an application

Abstract

The price-setting newsvendor model is used to address the single period joint pricing and inventory control problem. The objective is to set the optimal price and replenishment quantity of a single product in order to maximize the expected profit. Products with a short selling season and relatively long replenishment lead times such as fashion goods are the most relevant application areas of the model. The focus of the work is the generalization of the model with respect to the modeling of uncertainty in demand. The author presents an analytical and empirical study which compares different demand models with a more flexible model based on price and inventory optimization. She concludes that using a general model can increase the profits significantly.

Multichannel Management

Author:
Book Series: Forschungsergebnisse der Wirtschaftsuniversitaet Wien ISBN: 9783631594452 Year: Pages: 204 DOI: 10.3726/b13906 Language: English
Publisher: Peter Lang International Academic Publishing Group
Subject: Business and Management
Added to DOAB on : 2019-01-15 13:32:26
License:

Loading...
Export citation

Choose an application

Abstract

A company operating various sales channels, e.g. the Internet and a traditional shop, inevitably faces a tricky coordination problem. As prevalent approaches often do not lead to a satisfying solution, the author suggests a normative model to offer directions for the optimal channel coordination. The model is based on stochastic purchase and switching probabilities, given certain conditions like prices and supportive marketing activities (like delivery time or shop environment). A company can fit its consumer base to the model and simulate various effects on its earnings by altering prices or marketing activities. The model is a market-based playground to develop new holistic strategies for a multichannel company without affecting the market.

Konsumentenpreiswissen

Author:
Book Series: Forschungsergebnisse der Wirtschaftsuniversitaet Wien ISBN: 9783631627105 Year: Pages: 242 Language: German
Publisher: Peter Lang International Academic Publishing Group
Subject: Business and Management
Added to DOAB on : 2019-01-15 13:32:59
License:

Loading...
Export citation

Choose an application

Abstract

Der Einfluss von Dauertiefpreisen bzw. langfristigen Preisänderungen auf das Konsumentenpreiswissen ist in Zeiten vielfältigster Promotionsaktivitäten interessanter denn je. Basierend auf bestehenden Forschungslücken des Behavioral Pricing wurde mit einer longitudinalen Online-Untersuchung jener Zeitpunkt festgestellt, bei welchem der Konsument einen Aktionspreis verinnerlicht und somit als Kurantpreis bewertet. Die Ergebnisse zeigen u.a., dass für das Preiswissen weniger das untersuchte Produkt, als das individuelle Eigeninteresse an Preisen ausschlaggebend ist. Die Arbeit bietet neue Perspektiven und Möglichkeiten für den Handel, Industrieunternehmen (v.a. im FMCG-Bereich), die Marktforschung sowie thematisch nahe Forschungsgebiete (bspw. Retail Revenue Management).

Produktprogrammoptimierung mit Preisbuendelung

Author:
Book Series: Bochumer Beitraege zur Unternehmensfuehrung ISBN: 9783631614266 Year: Pages: 319 Language: German
Publisher: Peter Lang International Academic Publishing Group
Subject: Business and Management
Added to DOAB on : 2019-01-15 13:33:00
License:

Loading...
Export citation

Choose an application

Abstract

Unternehmen werden nur dann ökonomisch erfolgreich sein, wenn sie nicht nur in der Lage sind, ihr Produktprogramm entsprechend der Kundenbedürfnisse zu gestalten, sondern gleichzeitig auch die Fähigkeit besitzen, ihre Leistungen durch differenzierte Preissetzung bestmöglich zu verwerten. In dieser Arbeit wird aufgezeigt, wie Unternehmen ihren ökonomischen Erfolg durch die gemeinsame Bestimmung von Produktdesign, Bündelkonfiguration und Preisen steigern können. Der Schwerpunkt der Arbeit liegt in der Entwicklung eines auf mathematischen Modellen basierenden Entscheidungsunterstützungssystems. Der Einsatz des Systems wird an praxisnahen Beispielen demonstriert und seine Gewinnwirkung mittels einer experimentellen Studie evaluiert. Zur Bewältigung von Informationsunsicherheit wird eine robuste Erweiterung vorgestellt.

European Business Cycle Convergence

Author:
Book Series: Hohenheimer volkswirtschaftliche Schriften ISBN: 9783631639740 Year: Pages: 218 Language: English
Publisher: Peter Lang International Academic Publishing Group
Subject: Business and Management --- Economics
Added to DOAB on : 2019-01-15 13:32:58
License:

Loading...
Export citation

Choose an application

Abstract

Is the euro area getting closer with regard to business cycles? The study investigates the linkage between business cycle convergence and financial portfolio choice for a panel of 18 European countries. For this purpose an index is constructed which measures the similarity of investment portfolios. The idea is that financial portfolio choice has an impact on business cycles and contributes to convergence via the consumption-wealth linkage. The background of the analysis is the International Asset Pricing Model (IAPM). The results of fixed effects GMM TSLS estimations confirm the linkage. The effect is higher for country-pairs that are built by one euro area member and one member outside the euro area.

Der "ebenso effiziente Wettbewerber"

Author:
Book Series: Münchener Schr.z.Europäischen u.Internationalen Kartellrecht ISBN: 9783845285559 Year: Volume: 37 Pages: 422 DOI: http://dx.doi.org/10.5771/9783845285559 Language: German
Publisher: Nomos Verlagsgesellschaft mbH & Co. KG
Subject: Law
Added to DOAB on : 2018-11-05 12:58:39
License:

Loading...
Export citation

Choose an application

Abstract

The „as efficient competitor“-standard has gained great practical significance when assessing exclusionary conduct – not least because of the „more economic approach“. The thesis investigates the standard’s historical and economic backgrounds, analyses its history of application and undertakes a critical assessment based on the aforementioned factors. The thesis follows a comparative law approach and is highly interdisciplinary. Thereby it majorly contributes to the controversial topic of how industrial organisation’s findings can be made viable for the application of law in light of versatile shortcomings. It adds to a clarification of the demanding prohibition rules on exclusionary conduct by providing important insights into the application of the „as efficient competitor“ test. By doing so, it aims at attracting the interest of academic scholars as well as professionals.

Advanced Applications for Smart Energy Systems Considering Grid-Interactive Demand Response

Author:
ISBN: 9783039219988 9783039219995 Year: Pages: 152 DOI: 10.3390/books978-3-03921-999-5 Language: English
Publisher: MDPI - Multidisciplinary Digital Publishing Institute
Subject: General and Civil Engineering --- Technology (General)
Added to DOAB on : 2020-01-07 09:08:26
License:

Loading...
Export citation

Choose an application

Abstract

This book covers applied research on smart energy systems, smart grids, smart energy homes, smart energy products and services, and the advanced applications thereof, in the context of demand response and grid interactions. In particular, this book is focused on interdisciplinary research results that combine technical, social, environmental, and economic aspects of smart energy systems and smart energy products. Moreover, several chapters are based on the evaluation of real life cases, energy pilots, prototypes of smart energy products, and end user surveys and interviews.

Claim Models: Granular Forms and Machine Learning Forms

Author:
ISBN: 9783039286645 / 9783039286652 Year: Pages: 108 DOI: 10.3390/books978-3-03928-665-2 Language: eng
Publisher: MDPI - Multidisciplinary Digital Publishing Institute
Subject: Technology (General) --- General and Civil Engineering --- Mechanical Engineering
Added to DOAB on : 2020-06-09 16:38:57
License:

Loading...
Export citation

Choose an application

Abstract

This collection of articles addresses the most modern forms of loss reserving methodology: granular models and machine learning models. New methodologies come with questions about their applicability. These questions are discussed in one article, which focuses on the relative merits of granular and machine learning models. Others illustrate applications with real-world data. The examples include neural networks, which, though well known in some disciplines, have previously been limited in the actuarial literature. This volume expands on that literature, with specific attention to their application to loss reserving. For example, one of the articles introduces the application of neural networks of the gated recurrent unit form to the actuarial literature, whereas another uses a penalized neural network. Neural networks are not the only form of machine learning, and two other papers outline applications of gradient boosting and regression trees respectively. Both articles construct loss reserves at the individual claim level so that these models resemble granular models. One of these articles provides a practical application of the model to claim watching, the action of monitoring claim development and anticipating major features. Such watching can be used as an early warning system or for other administrative purposes. Overall, this volume is an extremely useful addition to the libraries of those working at the loss reserving frontier.

Listing 1 - 10 of 21 << page
of 3
>>
Sort by