This paper focuses on an application of conjoint analysis within forestry economics. More specifically, it was used to determine eucalypt plant value perceptions among South African nurserymen, to assess the financial drivers of the eucalypt production system, and to attempt to quantify the trade-offs between attributes of a eucalypt nursery and the selling price of the plants. Utility function...

The Internet has had a dramatic effect on the distribution of tourism products. The reintermediation which has taken place has led all distributors to implement more dynamic pricing strategies from the widespread use of Yield Management (YM) practices JIBC April 2009, Vol. 14, No. 1 2 to price discount strategies. The Internet also influences the consumers’ perception of pricing strategies. Con...

The life-cycle theory of consumption draws a well-established distinction between the implications for consumption of changes in wealth perceived to be of a “transitory” as opposed to a “permanent” nature. In this paper, using a unique combination of regulatory and survey micro-data, we examine the importance of the life-cycle theory, in estimating housing wealth effects for the Irish mortgage ...

This study examines the effect of product quality, perceived price, and brand image on purchasing decisions. research was conducted in city Semarang. The sampling method used purposive data collection using a questionnaire totaling 99 respondents. Relationships influences between variables are explained multiple regression analysis methods. results showed that price perceptions had positive sig...

News consumption has been evolving from offline newspapers to online news. However, while offline newspapers sales are decreasing, online news business models have never been entrenched. Meanwhile, the new technology of social recommender systems enable automated news aggregation. Personalized news aggregators (PNAs) rely on this technology, and provide personalized news in visually appealing w...

While the large number of publications on behavioral pricing and partly spectacular results suggest that it is easily possible to influence parameters in the consumers ́ price perception (for example, by providing price anchors as competitive prices, 99-price endings, information on a relative or absolute saving or information on availability of the prices by the suppliers), this empirical study...

Reference price systems for prescription drugs constitute widely adopted cost containment tools. Under these regimes, patients co-pay a fraction of the difference between a drug's pharmacy retail price and a reference price that is set by the government. Reference prices are either externally (based on drug prices in other countries) or internally (based on domestic drug prices) determined. We ...

We evaluate two mechanisms for setting prices in a QoS-enhanced network with congestion-sensitive pricing and resource allocation based on users’ willingness to pay. In the first model, the congestion-sensitive component of the price is calculated by tâtonnement, with the price adjusted gradually to drive down the user demand to the supply level of network resources. In the second model, each u...

In this note we show that the results developed in Singh and Vives (1984) are sensitive to the duopoly assumption (Rand Journal of Economics 15, 546-554). If there are more than two firms, prices may be higher under price competition than under quantity competition. This will be the case if quality differences are large and goods are complements. If goods are substitutes, high-quality firms may...