This paper identifies the efficiency-oriented critical drivers for e-market using a two-stage approach. The efficiency of twenty-six e-markets is investigated first with respect to their respective overall efficiency, technical efficiency and scale efficiency, leading to the identification of the fully efficient emarkets and the underlying source of inefficiency in the existing e-markets. The e...

Predictive pricing (e.g., Google’s “Smart Pricing” and Yahoo’s “Quality-Based Pricing”) and revenue sharing are two important tools that online advertising networks can use in order to attract content publishers and advertisers. We develop a simple model of the pay-per-click advertising market to study the market effects of these tools. We then present an algorithm, PricingPolicy, for computing...

The auction theory literature has so far focused mostly on the design of mechanisms that takes the revenue or the efficiency as a yardstick. However, scenarios where the capacity, which we define as “the number of bidders the auctioneer wants to have a positive probability of getting the item”, is a fundamental concern are ubiquitous in the information economy. For instance, in sponsored search...

The two key resources in an IP Telephony network are the Internet Telephony Gateways (ITGs) and the IP network. These resources must be effectively managed to simultaneously provide good QoS to calls and maximize network resource utilization. This paper presents two main contributions. First, we design a call admission policy based on congestion sensitive pricing. As the load increases, this po...

In this work, we study spectrum auction problem where each request from secondary users has spatial, temporal, and spectral features. With the requests of secondary users and the reserve price of the primary user, our goal is to design truthful mechanisms that will either maximize the social efficiency or maximize the revenue of the primary user. As the optimal conflictfree spectrum allocation ...

The purpose of this paper is to analyze comparative efficiency of banking system in Pakistan comprising of Islamic banks (IB), conventional banks with Islamic banking division (IBD) and conventional banks (CB). For this purpose we use two methods: First, ratio analysis to analyze cost, revenue and profit efficiency; Second, data envelopment analysis (DEA), for comparative analysis of banks’ tec...

We examine the design of regulatory policy to induce electric utilities to deliver the surplus-maximizing level of energy efficiency services, e∗. The rebound effect (whereby increased energy efficiency stimulates the demand for energy) typically renders revenue decoupling insufficient in this regard. The additional financial incentive required to induce e∗ is shown to vary with such factors as...

We employ ratio-based, deterministic, and stochastic frontier approaches to investigate fuel efficiency among 15 large jet operators (mainline airlines) in the U.S. Given the hub-andspoke routing structure and the consequent affiliation between mainline and regional carriers, we consider not only fuel efficiency of individual mainline airlines, but also the joint efficiency of each mainline and...

In this paper we consider a single inventory (newsboy) problem in which the vendor has a limited amount of funds to purchase items to sell. We assume that the manufacturer will either sell the items to the vendor outright or offer the items to the vendor on a revenue sharing (consignment) basis. In the latter case, that amount of money the vendor pays per unit is less than if the items are purc...

revenue management is the process of accepting or ordering which increases gained revenue by using different techniques of pricing and selling capacity. this technique has improved greatly in service sector specially passenger section. in this article, the process of selling ticket in tehran-mashhad route for ghazal passenger train is modeled by two methods: static multi class and heuristic ems...