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  • Communication  (2)
  • Agricultural Extension Services  (1)
  • C23 - Models with Panel Data, Q57 - Ecological Economics: Ecosystem Services  (1)
  • Oxford University Press  (4)
  • American Geophysical Union (AGU)
  • 1
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    Foreclosures and Invasive Insect Spread: The Case of Asian Citrus Psyllid (2014)
    Oxford University Press
    Details
    Publikationsdatum: 2014-04-05
    Beschreibung: Human economic activity is considered to be an important factor in exacerbating the speed of invasive species spread, but may also play an important role in preventing it. In this study, we investigate the role of home foreclosure in the spread of Asian Citrus Psyllid (ACP, Diaphorina citri Kuwayama ) throughout residential areas of Southern California. We find that foreclosures are indeed a significant factor in explaining ACP spread, even after controlling for other human and environmental effects. Our results suggest that human economic activity may be more important in controlling the spread of invasive species than previously realized, and that the external costs of the foreclosure problem may also be underestimated.
    Schlagwort(e): C23 - Models with Panel Data, Q57 - Ecological Economics: Ecosystem Services ; Biodiversity Conservation ; Bioeconomics
    Print ISSN: 0002-9092
    Digitale ISSN: 1467-8276
    Thema: Land- und Forstwirtschaft, Gartenbau, Fischereiwirtschaft, Hauswirtschaft , Wirtschaftswissenschaften
    Publiziert von Oxford University Press
    Standort Signatur Erwartet Verfügbarkeit
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  • 2
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    Patents as options: path-dependency and patent value (2014)
    Oxford University Press
    Details
    Publikationsdatum: 2014-11-11
    Beschreibung: Despite the growing importance of licence revenue to cash-strapped universities and research institutions, there has been no formal attempt to develop pricing models for patent licences. We recognise that patents are options on the stream of future revenues, and apply option-valuation techniques to determine licence prices. We find that accounting for path-dependency in licence revenue streams generates prices that more nearly approximate observed patent prices. While non-path-dependent prices yield conventional sensitivities to volatility, mean-reversion and returns-growth, path-dependent prices show highly non-linear comparative statics. These results are important both for patent licensees and for licensors seeking to maximise licence revenue.
    Schlagwort(e): D45 - Rationing ; Licensing, G12 - Asset Pricing ; Trading volume ; Bond Interest Rates, L24 - Contracting Out ; Joint Ventures ; Technology Licensing, Q16 - R&D ; Agricultural Technology ; Agricultural Extension Services
    Print ISSN: 0165-1587
    Digitale ISSN: 1464-3618
    Thema: Land- und Forstwirtschaft, Gartenbau, Fischereiwirtschaft, Hauswirtschaft , Wirtschaftswissenschaften
    Publiziert von Oxford University Press
    Standort Signatur Erwartet Verfügbarkeit
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  • 3
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    Hysteresis, Price Acceptance, and Reference Prices (2016)
    Oxford University Press
    Details
    Publikationsdatum: 2016-04-24
    Beschreibung: The existence of price thresholds in grocery retailing is well-documented. Most authors explain the existence of price thresholds using Assimilation-Contrast Theory, Adaptation Level Theory, or Prospect Theory. However, each of these theories is untenable if consumers are believed to behave rationally. We offer a theoretical explanation grounded in Real Options Theory (ROT) and economic hysteresis. We test the ROT hypothesis against three plausible alternatives using a maximum likelihood friction model that we augment for unobserved heterogeneity. Our findings support the ROT hypothesis, and suggest that the existence of price thresholds in aggregate data are driven by a common recognition of real option values, which do not disappear with the inclusion of consumer heterogeneity.
    Schlagwort(e): D12 - Consumer Economics: Empirical Analysis, D83 - Search ; Learning ; Information and Knowledge ; Communication ; Belief, L13 - Oligopoly and Other Imperfect Markets, L81 - Retail and Wholesale Trade ; e-Commerce
    Print ISSN: 0002-9092
    Digitale ISSN: 1467-8276
    Thema: Land- und Forstwirtschaft, Gartenbau, Fischereiwirtschaft, Hauswirtschaft , Wirtschaftswissenschaften
    Publiziert von Oxford University Press
    Standort Signatur Erwartet Verfügbarkeit
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  • 4
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    Attribute Search in Online Retailing (2017)
    Oxford University Press
    Details
    Publikationsdatum: 2017-01-05
    Beschreibung: Online retailing has created an empirical opportunity to examine consumer search behavior using click stream data. In this article we examine the implications of greater variety online for consumer search intensity, and equilibrium prices. We test our hypothesis using consumer data on online search and purchase behavior from the comScore Web Behavior Panel. We find that search intensity systematically decreases in categories with broader product ranges, and equilibrium prices rise. Our findings suggests that broader product ranges in online retail markets can produce anti-competitive effects that are mediated through equilibrium responses in consumer search behavior.
    Schlagwort(e): D12 - Consumer Economics: Empirical Analysis, D83 - Search ; Learning ; Information and Knowledge ; Communication ; Belief, L13 - Oligopoly and Other Imperfect Markets, L81 - Retail and Wholesale Trade ; e-Commerce
    Print ISSN: 0002-9092
    Digitale ISSN: 1467-8276
    Thema: Land- und Forstwirtschaft, Gartenbau, Fischereiwirtschaft, Hauswirtschaft , Wirtschaftswissenschaften
    Publiziert von Oxford University Press
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
    AKTUELLE ARTIKEL
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