It is well-known that switching costs may facilitate monopoly pricing in a market with price competition between two suppliers of a homogenous good, provided the switching costs is above some critical level. We show that ...

The objective of this report is to analyse the major tastes and preferences of consumers in food consumption, as well as expected changes in these over time. We identify five important consumer trends and purchase drivers: ...

We develop a bioeconomic model to analyze a sole-owner fishery with fixed costs as well as a continuous cost function for the generalized Cobb-Douglas production function with increasing marginal returns to effort level. ...

The extent to which a knowledge-intensive firm should induce cooperation between its employees is analyzed in a model of relational contracting between a firm (principal) and its employees (two agents). The agents can ...

Should R&D policies within an economic union be centralized or decentralized to each individual country? Do non-cooperative policies - typically implying policy competition between countries - always give rise to too high ...

This paper investigates the role of budgetary participation in resolving interdepartmental coordination problems, which has received little empirical attention in the budgetary literature. Both qualitative and quantitative ...

We consider the problem of choosing among different distribution channels for combinations of different products, and how to price, or share the costs under the various alternatives, in an efficient and fair way. The problem ...

The parameters of the short-run cost function are estimated for three vessel types taking part in the Norwegian pelagic fisheries: purse seine vessels, trawlers, and coastal vessels. The generalised translog functional ...

Enhanced understanding of the factors determining transnational companies’ localisation decisions is important for regulators and other stakeholders concerned about maintaining current activity levels in a petroleum producing ...

Mobile phone usage when travelling abroad is expensive. In contrast to domestic voice call prices, entry of new firms does not put a downward wholesale and retail price pressure on mobile usage abroad. The network connection ...