This paper investigates an optimal capacity expansion policy for innovative product in a context of one supplier and one retailer. With a fully deductible contract, we employ the Stackelberg game model to examine the negotiation process of capacity expansion in a single period. We first derive the retailer’s optimal reservation strategy and then characterize the optimal capacity expansion polic...

The rent of shelter accounts for approximately a third of the Consumer Price Index (CPI). Using a new housing rent index (RRI) developed by Ambrose, Coulson, and Yoshida (2014), we modify the CPI and compute the Taylor rule for the period from 2000 to 2010. With this timely rent index, Taylor rule becomes more consistent with the Federal funds rate than the conventional calculations. However, t...

Price cap regulation (PCR) has now been employed in the telecommunications industry for more than a quarter century. We review the experience with PCR and offer an explanation for its popularity. PCR’s design flexibility, its ability to limit undesirable strategic behavior, declining industry costs, and developing competition all enhanced the appeal of PCR. We also review some surprises that ha...

We study a model with local public goods in which agents’ crowding e¤ects are formally distinguished from their taste types. It has been shown that the core of such an economy can be decentralized with anonymous admission prices (which are closely related to cost share prices). Unfortunately, such a price system allows for an arbitrary relationship between the public goods level in a given juri...

The objective of this experiment was to compare the effects of belt grill and Open Hearth electric broiler cookery on palatability and cooking traits of longissimus steaks. The longissimus thoracis from carcasses of grain-fed steers or heifers was used. Duplicate measurements were made for Warner-Bratzler shear force at 3 and at 14 d after slaughter (n = 180) and trained sensory evaluation at 1...

DENEV, S. A., 2006. Effect of different growth promoters on the cecal microflora and performance of broiler chickens. Bulg. J. Agric. Sci., 12: 461-474 The objective of this study was an evaluation of the effects of different growth promoters: probiotic Lacto-Sacc® (Alltech, Inc. USA), nutritive premix Pharmastim and nutritive antibiotic Avilamycin on the cecal microflora and performance of bro...

Broiler Performance Efciency Factor (BPEF) isa smart and comprehensive indicator to assessthe performance of broilers. Batch wise datawere recorded from commercial broiler farmslocated in the hot and cold climatic zones inindustrial broiler production areas and analyzedfor its mean BPEF performance. The mean oorspace allowance, stocking density recorded in ...

Three-week-old broiler chicks and 1-yr-old Leghorn cocks were used to determine the effect of beta-glucanase addition (experimental product from Trichoderma longibrachiatum) to a 60% barley-based diet on rate of feed passage, transit time, and mean retention time. Fecal chromium oxide content was used to calculate cumulated and noncumulated excretion data. A Hill equation was chosen to test the...