Business process design is primarily driven by process improvement objectives. However, the role of control objectives stemming from regulations and standards is becoming increasingly important for businesses in light of recent events that led to some of the largest scandals in corporate history. As organizations strive to meet compliance agendas, there is an evident need to provide systematic ...

This study applies data from a web-based survey conducted in mainland China to examine the determinants of consumers’ willingness to pay (WTP) for seven different product categories awarded with China Environmental Label and compare the mean WTP estimates among these categories. The Interval Regression method is used for estimation. The results indicate that Chinese consumers who regard environ...

BACKGROUND Health inequality monitoring especially in Health care financing field is very important. Hence, this study tends to assess the inequality in household's capacity to pay and out-of-pocket health carepaymentsin Tehran metropolis. METHODS This cross-sectional study was performed in 2013.Thestudy population was selected by stratified cluster sampling, and they constitute the typical h...

in order to improve the reliability of the power system, sufficient amount of new capacity should be installed in the network. usually generation units’ payoff in an energy market is not adequate to cover their expenses. therefore, energy only market cannot induce investors to invest in generation field. due to energy only market inefficiency, a supplementary algorithm is suggested to cover the...

B of long lead times associated with product development and building capacity, a supplier must initiate investment in capacity when the product development effort is ongoing. Because the product is ill defined at this point in time, the buyer is unable to commit to the future terms of trade through a courtenforceable contract. Instead, to provide incentives for capacity investment, the buyer i...

This paper investigates optimal pricing policies for a service facility modeled as a queueing system. Arriving customers are accepted if they are willing to pay the price charged by the service provider and if there is room in the waiting area. Capacity of the waiting area can be either finite or infinite. We determine expressions for the optimal prices that maximize the service provider’s long...

In this paper, the issue of whether willingness to pay (WTP) for the benefits generated by a public good should be elicited on an individual or a household basis is addressed. Differences between individual and household WTP may arise when members of the household are mutually altruistic. It is shown that, for general specifications of altruism, household WTP is less than the sum of household m...