Estimating the geographic extent of part-time labor markets: U.S. Army Reserves
Article Abstract:
To evaluate the geographical spread of the labor market for US Army Reserve Centers, a two-stage random model is used. The model is presented as an alternative to current practice that assumes a market of the militarily available population within 50 miles of a center. With the prospect of Reserve center consolidation and reassignments in the future, a need is seen for a more accurate measure of the varying limits of the geographic scope of local labor markets. The first stage of the model involves application of a lognormal distribution to describe commuting distance behavior, while the second step prescribes the estimation of mean log transformed commute distance in relation to regional characteristics of the Reserve center.
Publication Name: Decision Sciences
Subject: Business, general
ISSN: 0011-7315
Year: 1993
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A two-period repeated game advertising investment model for oligopolistic markets with an application to the beer industry
Article Abstract:
A simple analytical model of advertising competition in oligopolistic markets is developed. The model involves the log-log sales response function and assumes that advertising carryover effects are present for one period after the period where the spending occurs. The model also assumes that firms are involved in a repetitive competition game where every period advertising levels optimize current-period and next-period profits. A Nash equilibrium solution is then employed for the game. The model is applied to the beer industry.
Publication Name: Decision Sciences
Subject: Business, general
ISSN: 0011-7315
Year: 1995
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The dark side of information and market efficiency in e-markets
Article Abstract:
Empirical model of comparison between price dispersion in electronic and physical markets, based on search costs, market factors, and service-quality factors, is presented.
Publication Name: Decision Sciences
Subject: Business, general
ISSN: 0011-7315
Year: 2006
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