scholarly journals The Use of Full-Line Forcing Contracts in the Video Rental Industry

2012 ◽  
Vol 102 (2) ◽  
pp. 686-719 ◽  
Author(s):  
Katherine Ho ◽  
Justin Ho ◽  
Julie Holland Mortimer

Bundling is at the forefront of many policy debates as new technologies allow firms to implement more complex bundling arrangements. Realistic analyses of bundling—particularly between suppliers and retailers—require detailed data on both supply arrangements and consumer demand. We analyze firms' use of bundling as a vertical restraint (known as full-line forcing) using extensive supply and demand data from the video rental industry. Our model captures key details of the market that determine firms' contractual choices, and sheds light on the implications of these decisions. The empirical approach provides a model for how to analyze bundling when detailed data are available. (JEL D86, L14, L81, L82)

2020 ◽  
Vol 3 (2) ◽  
pp. 132
Author(s):  
Ismail Kotb ◽  
Riham Adel

COVID-19 pandemic has had a significant impact on business in general and the retail sector in particular which was hardly hit as sales fell by 20 percent during this period. The main challenges that face retailers nowadays during COVID-19 outbreak include: balance in supply and demand; safety of employees; trust between retailer and consumer; distribution - transportation capability; shortage of manpower and consumer behavior (Fernandes, 2020; Kumar et al., 2020; Pantano et al., 2020). Yet, retailers around the world started to understand the benefits and new opportunities offered by smart technologies (Inman and Nikolova, 2017; Renko and Druzijanic, 2014). New technologies like internet of things (IoT) can play a significant role in controlling the pandemic situation in the retail sector and are expected to bring substantial benefits such as lower labor costs, increased efficiency, attraction of new shoppers and the generation of new revenue channels (Roy et al., 2017; Vaishya et al., 2020; Wünderlich et al., 2013). However, only a limited number of retailers has adopted IoT due to the huge financial investments required and uncertainty of customers' acceptance (Alkemade and Suurs, 2012; Evans, 2011; Pantano et al., 2013). It is, thus, expected to see smart retailers taking a series of actions over the short to medium term to conserve cash and structure of their company for post-COVID-19 operations. This research aims to explore the retailers' perceptions towards the adoption of smart retail technologies in Egyptian retailing context throughout conducting a series of semi-structured interviews with mid-to-top level management in different retail organisations and discuss the advantages and challenges expected from smart retail technologies adoption. Moreover, the research explains how smart retail can help overcoming uncertainities and is considered a well managed response strategy by retailers to COVID-19.


2008 ◽  
Author(s):  
Justin Ho ◽  
Katherine Ho ◽  
Julie Holland Mortimer
Keyword(s):  

Author(s):  
Cevat Gerni ◽  
Selahattin Sarı ◽  
Ayşen Hiç Gencer ◽  
Ziya Çağlar Yurttançıkmaz

The relationships among input, production and market suddenly broke down after the collapse of the USSR in 1991. The reflections of this disintegration are deeply felt in the Central Asian and in the Caucasian economies, which lack the traditions of being a government. The imbalances in the supply and demand, such as shutting down of factories due to breakdown of production relations and the resulting severe rise in the unemployment rate, caused a transition recession. As well-known in the literature, the main reason behind this is the interdependency of the production structures in these newly independent former Soviet countries. Large industrial establishments were left alone due to lack of sufficient raw materials and other inputs, due to lack of new technologies, and/or due to political void resulting from the transition period. In the newly established economic and political system, all of these countries, namely Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan and Turkmenistan, try to realize their economic growth and development by specializing in the production of goods in which they have an economic advantage in terms of competitiveness. In this study, the effects of competitiveness on economic growth is investigated for these 7 countries during the 1995-2010 period using panel data analysis based on the Lafay index. In the light of the results of this research, policy recommendations are attempted in order to determine the sectors in which these countries are more competitive and hence to suggest ways of increasing their economic growth rate.


2018 ◽  

Regulation of scientific and technical progress is the most important block of an economic mechanism in the developed countries now. In article organizational and economic bases of innovative processes in agriculture of the leading economies of the world are formulated. The main directions in development of scientific and technical progress are allocated. The conclusion is drawn that as shows studying of foreign experience, improvement of the innovative mechanism at a separate stage not necessarily increases effectiveness of process in general. If the valuable funda-mental ideas aren't used for development of new technological processes, and new technologies don't turn into goods of social demand or find only very narrow application in local spheres, then the capacity of the NTP this direction is practically not implemented for consumer demand.


Author(s):  
K. Bezugla ◽  
N. Kostyuchenko

The paper is devoted to the peculiarities and perspectives of the global petroleum market development. The peculiarities of supply and demand formation at the global market of petroleum products are investigated in the article. The balance of supply and demand at the petroleum market is determined. The paper outlines the peculiarities of pricing for petroleum products. The dynamics of price changes on the global petroleum market in the period of 2010-2020 is studied. The conclusion was made that there is a price volatility on the global petroleum market. An analysis of the dynamics and structure of the world petroleum production by regions revealed that the total output of oil has increased due to the development of new technologies and due to the increased efficiency of petroleum production. The performed forecasting made it possible to conclude that petroleum price is expected to increase in the coming two periods. That will allow to establish a balance between supply and demand at the petroleum products’ market. Accordingly, the equalization of supply and demand for petroleum products is forecasted (even despite the crisis in the world). The econometric method of economic analysis was applied in the paper. The authors constructed an additive model for time series data to predict the dynamics of prices on the global market of petroleum products. The model was designed based on 16 observations in the period of October 2016 – July 2020.


Author(s):  
Heinz Bonfadelli

Against the background of policy debates by advocates and opponents like nongovernmental organizations about regulation of biotechnology, this chapter summarizes communication by mass media about biotechnology and genetically modified organisms (GMOs) in the public sphere. On the one hand there are several Eurobarometer surveys dealing with knowledge, perceptions, and opinions for or against biotechnology in the different European countries, and on the other hand, several analyses of media content have been realized, focusing on key events like the sheep Dolly and issues, cycles, or media frames like scientific progress, economic prospects, ethics, or Pandora’s box and arguments for or against biotechnology. The existing research demonstrates how media and lay persons perceive and construct risks as well benefits of new technologies like biotechnology and GMOs.


2014 ◽  
Vol 23 (4) ◽  
pp. 486-507 ◽  
Author(s):  
Peter Cruickshank ◽  
Bruce Ryan ◽  
Colin Smith

Community Councils are the bottom rung of Scotland's democracy ladder, having few – but highly significant – statutory consultative duties (especially with regard to planning) and no service-delivery duties. Generally they have failed to live up to expectations in terms of activity and impact, and have struggled to gain legitimacy. Despite this, they are often highlighted in policy debates around community involvement, and have been on the agenda again recently with the release of two significant reports calling for increased powers, and the publication of a Scottish Government working group report examining ways to build their resilience and capacity. The Internet potentially offers Community Councils potentially useful capabilities. However, survey data shows that only 22% of Community Councils maintain up-to-date online public presences and only 4% have easily-accessible content relating to planning. Worse, only 14% of up-to-date presences support digital dialogue. Such poor communication is a digital symptom of a disease of poverty, namely CCs' lack of duties and relevance. This article examines these digital symptoms and suggests appropriate treatment. Without such treatment, the CC system may well just die. The article provides detailed data and analysis to inform the ongoing debate. It updates a study carried out in 2004 to 2006, investigating how technology could be developed to help regenerate democracy at the local community level. Although the 2012 survey reveals some good examples of active online presences and support by local authorities, in general there is no sense of improvement in information provision online.


2020 ◽  
Vol 12 (3) ◽  
pp. 811 ◽  
Author(s):  
Miklós Gyalai-Korpos ◽  
László Zentkó ◽  
Csaba Hegyfalvi ◽  
Gergely Detzky ◽  
Péter Tildy ◽  
...  

Despite the apparent stability of the electricity system from a consumer’s point of view, there is indeed significant effort exerted by network operators to guarantee the constancy of the electricity supply in order to meet demands any time. In the energy sector models provide an important conceptual framework to generate a range of insight, examine the impacts of different scenarios and analyze the supply and demand of energy. This paper presents a user-oriented and transparent modeling concept of the European calculator, a tool for delineating emission and sustainable transformation pathways at European and member state levels. The model consists of several modules of different sectors, where the energy supply module includes sub-modules for electricity generation, hydrogen production and oil refinery. The energy storage requirement module investigates how new technologies can help the stability of the European electricity system with increasing renewables penetration, demand-side measures and decarbonization paths. The objective of this study is to introduce the concept of this module with the main logical steps, especially the input parameters, assumptions, the basic data of electricity trade and maximum energy storage potential levels. The article also introduces and explains the feasibility of the theoretical maximum gross electricity generation potential from variable renewable energy for the European Union including Switzerland, compared to the demand in 2040. According to the results the electricity systems in the future will need to show ever increasing flexibility in order to cope with variable renewable energy production on the supply side, and shifting patterns of electricity consumption on the demand side.


2021 ◽  
pp. 64-71
Author(s):  
Nataliia Stebliuk ◽  
Natalia Kuzmenko

The purpose of the research. The aim of the work is to study consumer needs in the market of educational services in marketing management system at higher educational institutions. Methods. The following methods were used in the research process: statistical – to process data on the dynamics of supply and demand; sociological – in the study of factors that affect individual and socio-economic demand; survey – to collect primary data on consumer demand in the market of educational services in Dnipropetrovsk region. Results. It is proved that with the help of marketing researches and modern approaches it is possible to get a clear idea of qualitative and quantitative criteria of demand, the real situation in the market; identify problems of interaction between different market participants; determine trends and directions of demand development; evaluate the effectiveness of information channels. The authors emphasize that higher education institutions seek to achieve consistency between the potential of higher education institutions as producers of educational services and the needs of consumers in these services. The main development trends and problems of the market of educational services in Ukraine are described. In the light of the results obtained, it is established that understanding the behavior of potential and actual applicants for higher education will help the institution not only to adapt to it, but also to shape it. Practical meaning. The results of a survey conducted among consumers of the market of educational services in Dnipropetrovsk region allowed to make a portrait of the applicant and graduate through the eyes of employer. The obtained results can be used for further research on this topic Prospects for further research are the formation of a model of consumer behavior in the market of educational services, which will allow to organize effective management of marketing activities in higher education and not only meet consumer needs, but also to form market demand.


Author(s):  
Mihail Ovidiu Tanase ◽  
Liliana Nicodim

The 1990s represent the starting point for a lot of changes not only in tourism but in the whole economy of any EEC. Before that, Eastern European countries had similar tourism developments with some differences between the types of mountain development due to some specificities according to the national policies of the sector. A short overview of the mountain tourism current situation is presented in the beginning. The tourism market is a very challenging one with rapid changes due to shifts in customers' preferences, new technologies, seasonality. The authors also presented the latest trends in mountain tourism in terms of supply and demand. The possibilities for future mountain tourism development in Romania are presented at the end of the chapter starting from the results of the previous analyses. Some of them are specific for Romania, but others can be applied to all mountain destinations (with or without minor adjustments).


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