We utilize a new micro dataset of prices of funeral goods and services at individual funeral homes, plus data from the Census to examine the effects of state regulations that restrict entry into funeral goods market. In particular, some states have regulations that allow only licensed funeral homes to sell caskets, while others allow unlicensed retailers, such as Costco, to compete with funeral...

The Catering contract is considered as a type of hospitality contracts in the English common law customary origins. Which unwritten and based upon judicial precedents courts. It complex mixed nature، Is Regarded for sale meals food drink،, supply services concerning preparation drink، providing them to customer، well being bailment contract. worth-bearing mind that this subject rules three impo...

the increase in the number of producers and manufacturers leads to various methods of attracting customers. one of the appropriate ways to attract customers is to provide them with post-sale support. to guarantee the quality of a product is one of the services according to which the seller is committed to change the problematic product. to analyze the legal aspects of guarantee makes it necessa...

Integration of Web Services for large-scale applications concerns complex processes. Component technology is an important way to decompose a complex process and promote efficiency and quality. This paper proposes a service integration approach considering both the integration of service flows and the integration of data flows. The approach includes the component-based Web Service process defini...

There is a recent debate on whether prospect theory can explain the disposition effect. Using both theory and simulation, this paper shows that prospect theory often predicts the disposition effect when lagged expected final wealth is the reference point under the principle of preferred personal equilibrium, regardless of whether the reference point is updated or not. When initial wealth is the...

Consumers pay for hundreds of goods and services each year, but across households and across goods, consumers do not choose to pay the same way. This paper posits that payment choices depend in part on consumers’ propensity to adopt new technologies and in part on the nature of the transaction. To test this hypothesis, this paper analyzes consumer’s payment instrument use at the point of sale a...

In many industrial settings, managers face the problem of establishing a pricing policy that maximizes the revenue from selling a given inventory of items by a fixed deadline, with the full inventory of items being available for sale from the beginning of the selling period. This problem arises in a variety of industries, including the sale of fashion garments, flight seats, and hotel rooms. We...