Retail business is characterized by different business models: pure-play model and dual channel approach, which uses both physical and online channels to reach customers. There is conflicting evidence regarding the relative value of these business models to the consumers. We take a market valuation approach to evaluate the relative merits of both business models. We consider a panel of publicly...

Market mechanisms are deemed promising for distributed resource allocation settings by explicitly involving users into the allocation process. The market considers the users’ and providers’ valuations to generate efficient resource allocations and prices. In theory, valuations are assumed to be known to the user. In practice, however, this is not the case. It is a complex burden for both users ...

The paper develops the idea of valuation capital market regulations efficiency. The performance and efficiency measurement idea is very widely spread in the private sector. However efficiency concept in a public sector is rather new approach and still underdeveloped. The goal of this paper is to reveal the possibilities to measure the efficiency of a public sector performance by applying some d...