preferences for carbon credits sourced from urban forests. Current market carbon credit prices do not necessarily reflect the type and location of offset projects. Despite the fact that revenue generated from sales of carbon credits could help communities in many ways, the source of offset credits is largely unknown to the buyers. For example, buying offset credits generated by storing carbon i...

The classical economic order quantity model of Wilson’s was developed with the assumption that the buyer must pay off immediately on arrival of the goods in the inventory system. In fact, offering buyers to delays payment for goods received is considered as a sales promotional tool in the business world. With offer of trade credit, vendor increases sales, attracts more buyers and reduces on – h...

E-commerce transactions have a rapid development because of its convenience and flexibility. However, compared to the traditional market, the e-commerce transaction still could not get rid of information asymmetry between the online sellers and online buyers. Adverse selection problems brought by information asymmetry have negative impact on e-marketing and reduce the efficiency of the online t...

The financial consequences of compulsive buying are obvious given the large amount of debt reported by compulsive buyers in many studies. Credit cards allow consumers to borrow money very easily in order to satisfy their desire to purchase. In two web-based experiments, we found that compulsive shoppers often overspent and were rarely influenced by price. Their overspending was partially mediat...

Whereas a widely-held current view is that the correlation parameters occurring in the risk-neutral procedure for the pricing of basket credit derivatives should, at least in principle, be set equal to their real-world values obtained from historical data, the conclusion of this article is that the correlation parameters are risk-neutral parameters with a range of allowable values. As a result,...

Abstract Credit supply expansion boosts housing speculation and amplifies the cycle. The surge in private-label mortgage securitization 2003 fueled a large credit by lenders financed with noncore deposits. Areas more exposed to these experienced relative rise transaction volume driven small group of speculators, areas simultaneously witnessed an amplified boom bust. Consistent importance belief...

W consider two-part pricing of a service offered to risk-averse buyers subject to demand uncertainty. Buyers subscribe to the contract before resolution of the uncertainty. Sellers set two-part prices that trade off between insuring buyers against the uncertainty and the ex post deadweight loss from inefficient usage. If marginal and total benefits from the service are positively correlated (a ...

In this paper, we show theoretical properties and mechanism design based on information disclosure incentives. Normally, in existing electronic commerce, user evaluation system in electronic commerce provides rough attributes of evaluation scoring given by buyers who finished all trading procedures. Also, related work in user evaluations are assumed simple situations and conditions when they an...