Pricing over multiple periods under forward-looking, strategic consumer purchasing behavior has received significant recent research attention; however, whether consumers actually benefit from this behavior and would voluntarily choose to be strategic has not been previously considered. We explore this question, and show that many consumers have lower surplus if they are strategic than if they ...

Ranked-choice voting has come to mean a range of electoral systems. Broadly, they can facilitate (a) majority winners in single-seat districts, (b) rule with minority representation multi-seat or (c) sweeps districts. Further, such systems combine rules encourage/discourage slate voting. This article describes five major versions used, abandoned, and/or proposed for US public elections: alterna...

Abstract Separation or “perfect prediction” is a common problem in discrete choice models that, practice, leads to inflated point estimates and standard errors. Standard statistical packages do not provide clear advice on how correct these problems. Furthermore, separation can go completely undiagnosed fitting advanced that optimize user-supplied log-likelihood rather than relying pre-programme...

Purpose-Universities all over the world have increased in numbers and Kenya is not an exception. This state of affairs has made universities scramble for students to justify their survival as well trying stay afloat hard economic times. research aimed at establishing strategic factors that influence choice by Kenya. Design/methodology/approach-The study employed Descriptive Survey design which ...