Published in Wirtschaftsdienst
Unternehmen nutzen Daten zur Optimierung von Preisen. Mit zunehmender Kenntnis individueller Kundenprofile könnte der Spielraum steigen, Individuen gezielt über personalisierte Angebote anzusprechen. Die wettbewerblichen Effekte sind ambivalent: Personalisierte Preise können zur Ausbeutung im Sinne einer Abschöpfung der Konsumentenrente führen, abe...
Published in Journal of Economics and Finance
The invisible hand of a perfectly competitive financial market refers to the self-regulating behavior of the market where if each consumer and producer of funds is allowed to freely make their own choices, the market settles at an efficient outcome which is beneficial to all the individual members of the society and hence to the society as a whole....
Published in Journal of medical economics
Six Delta is a six-dimensional independent platform for outcome-based pricing/contracting. The sixth dimension (δ6) estimates prices on the basis of adherence to the prescribed regimen, whereby manufacturers provide payers with adherence-enhancing programs and whereby payers implement these programs and provide adherence data to the manufacturer. W...
Published in Schmalenbachs Zeitschrift für betriebswirtschaftliche Forschung
Digitale Technologien begünstigen den Einsatz einer dynamischen Preisgestaltung, also von Preisen, die für ein prinzipiell gleiches Produkt unangekündigt variieren. Dabei werden in der öffentlichen Diskussion unterschiedliche Ausgestaltungsformen dynamischer Preise oftmals vermischt, was eine sinnvolle Analyse der Vor- und Nachteile der dynamischen...
Published in Economic Themes
This paper tends to examine the level of concentration of the banking sector in Bosnia and Herzegovina. The main objective of the paper is to measure the level of concentration and to investigate how the concentration and type of market structure affect the prices of banking products. By monitoring the movement of key indicators, it provides an ins...
Published in The B.E. Journal of Economic Analysis & Policy
This paper studies consumer search behavior in markets where sellers must incur fixed costs to win a contract. We show that consumers face a commitment problem if their search intensities are not observed by sellers. Welfare is maximized when consumers can precommit to a limited number of searches, but in the absence of the ability to commit, consu...
Published in e-Finanse
This work focuses on two of the more frequent practices in financial (especially capital) markets -the use of hidden orders and High-Frequency Trading (HFT). Although the use of each of them may reach 40% of the market turnover - even 60% for HFT, the actual knowledge on how they affect liquidity, prices, and market structure is still limited - esp...
Published in Electronic Markets
While the business models used in most segments of the media industry have been profoundly changed by the Internet, surprisingly little has changed in the publishing of scholarly peer reviewed journals. Electronic delivery has become the norm, but the same publishers as before are still dominating the market, selling content to subscribers. This ar...
The aim of the article is to present and analyze the deep transformations that have occurred in the retail trade of the FMCG in Poland after 1989. It presents the phase nature of the transformations of this market, which led to its current diversified structure. Both the development of domestic trade and the expansion of foreign trade corporations ...
The aim of the article is to present and analyze the deep transformations that have occurred in the retail trade of the FMCG in Poland after 1989. It presents the phase nature of the transformations of this market, which led to its current diversified structure. Both the development of domestic trade and the expansion of foreign trade corporations ...
