排序方式: 共有12条查询结果,搜索用时 15 毫秒
1.
Frank F. Faroughian Stavros P. Kalafatis Lesley Ledden Phillip Samouel Markos H. Tsogas 《Industrial Marketing Management》2012,41(1):68-81
The purpose of this paper is to examine the role of risk in the formation of perceptions of value in the b2b domain, specifically within e-banking. The functional relationships between three types of risk (performance, financial and psychological) and the benefits and sacrifices components of value are tested within a broader nomological network that includes e-service quality (as an antecedent of value) and satisfaction, word-of-mouth and intention to switch (as outcomes of value). The hypothesised relationships are tested, using Partial Least Squares, on data collected through a postal survey from 167 UK-based SME organisations. The results confirm the significant but differential impact of the three types of risk on the two value components. Specifically performance risk and financial risk are found to be significant determinants of benefits, while psychological risk impacts on perceptions of sacrifices. We also provide evidence of the differential impact of the benefits and sacrifices components of value on satisfaction, and the existence of both direct and indirect (through satisfaction) impact of these components on word-of-mouth and intention to switch. This is the first documented empirical investigation of the impact of perceptions of risk in the study of perceptions of value within the domain of b2b marketing and consequently offers new insights into the subject matter. The theoretical and managerial implications of the findings are discussed and the manner in which the identified relationships can aid future research are explicated. 相似文献
2.
Few economic relationships have been as scrutinized as that between SNA measures of national product, investment and consumption, and welfare. The present paper contrasts SNA economic production and welfare to total production and welfare within the Walrasian framework of usefulness and costliness. An evaluation of deductions and additions to the SNA made by Nordhaus-Tobin, Zolotas, Richard and Nancy Ruggles, Kendrick, Eisner and Jorgenson-Fraumeni, in their research on extended product and income accounts and improved indicators of welfare reveals numerous unresolved analytical and measurement issues; and reaffirms the usefulness of the SNA as a fundamental, initial, welfare indicator. 相似文献
3.
James W Peltier Nadia Pomirleanu Michael Endres Ereni Markos 《Journal of Financial Services Marketing》2013,18(4):271-284
This research develops and tests two models using a range of psychological and sociological antecedents of credit card acquisition, spending practices and debt accumulation by college students. Six psycho-social dimensions were investigated: parental involvement, locus of control, compulsivity, impulsivity, debt anxiety and social status. Multivariate regression analysis using two dependent variables was conducted: the number of credit cards and total credit card debt. Although the multivariate model was highly significant, considerable variation emerged that best explained the number of credit cards students owned and the total credit card debt carried. The results offer insights in future research needs and consumer protection issues. 相似文献
4.
Nikos Ioannou Vangelis Logothetis Konstantin Petre Markos Tselekounis Aris Chipouras Dimitris Katsianis Dimitris Varoutas 《Telecommunications Policy》2021,45(9):102184
According to the European Commission Recommendation for setting copper and fiber wholesale prices where cost orientation is imposed as a remedy, National Regulatory Authorities (NRAs) should adopt a Bottom-UP Long-Run Incremental Cost Plus (BU LRIC+) costing methodology that estimates the current cost that a hypothetical efficient operator would incur to build a modern efficient Next Generation Access (NGA) network. The starting point of modeling an efficient operator investing in NGA networks is the network modeling approach. In this paper, we compare the most widely adopted network modeling approaches in terms of wholesale fiber-to-the-home (FTTH) prices. In particular, the modified scorched node approach is compared to the extreme cases of the scorched node and the scorched earth approaches. The comparison between the aforementioned scenarios sheds light on the impact of each approach on the wholesale FTTH prices. The main finding of this paper is that the scorched earth approach leads to a maximum of 10% reduction in the short-term access prices compared to the most inefficient scorched node approach, whereas further extending its optimizations by optimizing the number of central offices, both the short-term and long-term wholesale price reductions are quite significant (more than 20%) regardless of service speeds. Consequently, NRAs should consider a geographically differentiated modeling approach when regulating the wholesale market by adjusting the level of scorching in each area and network segment according to the investment plans of telecom operators. An appropriate variation of the modeled network operator's efficiency is expected to more accurately represent the costs of a reasonably efficient operator based on the real market conditions and a forward-looking perspective. These findings provide valuable information to both network operators and telecom regulators. 相似文献
5.
This article studies the impact of regulatory uncertainty on an incumbent’s incentives to undertake the socially optimal investments in NGA networks. Thus, a regulatory non-commitment setting in which the regulator sets the access price after the deployment of the NGA network is used. In particular, it is assumed that the regulator sets the access price at the marginal cost of providing the access with some probability and gives an access markup, which equals the average cost of the investments, with the complementary probability. It is found that when the slope of the marginal investment cost function is not particularly steep in relation to the impact of investments on demand, the incumbent underinvests compared to the socially optimal investment level. On the contrary, in a more realistic case when the impact of investments on demand is low in relation to the slope of the marginal investment cost function, the incumbent may overinvest or underinvest depending on the probability of incorporating an access markup into the access price. 相似文献
6.
As is widely recognized both in the literature and by the practitioners, the treatment of financial intermediaries has been one of the most controversial issues in national accounting. This has been so largely because no one up to now has been able to define the output of banks and other financial intermediaries. In the present paper, a theory of services in general and of financial services in particular is used to demonstrate that financial intermediaries produce at least six commodity type services. Furthermore, it is argued that in order to solve the banking imputation problem it is necessary to separate the theory of interest rates from the theory of financial services and examine the interdependence between them. The gross interest rate must be unbundled because it contains three distinct components. These are, first, the pure interest rate, which reflects payment for a factor-type service; second, payments for six commodity-type services, which reflect the output of financial intermediaries; and, third, payments for unilateral transfers. The new unbundled approach is contrasted to the old bundle approach used and/or advocated by standard economic theory, the SNA, Sunga and the Ruggleses. Furthermore, it is recommended that payments for the pure interest rate be considered as part of income of the paying enterprise or sector while payments for financial services by enterprises to other enterprises should be considered as intermediate purchases. 相似文献
7.
As blockchain platforms are becoming increasingly noticeable in financial services and beyond, questions arise regarding their suitability to compete with or replace existing payment systems and marketplaces and redesign the financial infrastructures of the future. Prominent among these concerns are issues around governance and control in distributed ledgers: How are distributed ledger technologies governed? Can blockchains address complex administration problems? What key issues of note for practitioners and academics have emerged thus far? In this paper we aim to review the existing governance practices of established or popular blockchain and decentralized autonomous organization (DAO) systems with a view to understanding how they hold up in times of crises. What questions are raised when they are compromised or faced consensus challenges in coordinating action especially around control and accountability? We use a translational process, generating focal insights about present concerns from the reference point of completed academic studies and extensive practitioner consultation. Rather than adopting a declarative approach attempting to provide all the answers, we draw insights from the IT platform governance literature to offer a critical perspective for asking the right questions around key governance issues in financial infrastructure such as decision rights, control mechanisms, and incentives. 相似文献
8.
Markos Tselekounis Dimitris Varoutas Drakoulis Martakos 《Journal of Regulatory Economics》2012,41(2):238-268
This article examines the impact of input prices on an entrant’s make-or-buy decision and on the subsequent social welfare
level for three alternative models of downstream competition. For each particular model, it derives the range of input prices
that induce the entrant to undertake: (a) the productively efficient make-or-buy decision; and (b) the socially optimal make-or-buy
decision. The main conclusion of this article is that the entrant’s efficient make-or-buy decision is always socially optimal
in the case of the Hotelling model, is socially optimal for the set of input prices that induce the entrant to undertake the
efficient decision in the case of Cournot competition and is not necessarily socially optimal in the Bertrand vertical differentiation
model. Last, this article examines the conditions under which the efficient and/or socially optimal make-or-buy decision undertaken
by an entrant fulfills the regulatory two-fold goal of promoting service-based competition and encouraging facilities-based
competition. Therefore, this article also provides the optimal access pricing policy that results in the best feasible outcome
in terms of social welfare, productive efficiency, competition level and investment level for a given downstream competition
model. 相似文献
9.
The United Kingdom will depart from the European Union in March 2019. Numerous open questions remain about details and conditions especially with regard to post-Brexit EU-UK trade relations. In case of a negotiation failure, a “hard Brexit” could cause considerably high costs on both sides of the Channel. In the short run, companies will be charged more than 15 billion euro as tariffs. In the long run, UK-EU trade could be reduced up to 50 percent. 相似文献
10.
Journal of Regulatory Economics - This study empirically tests the relationship between regulation and innovation in the telecommunications sector by deploying an efficient panel threshold model.... 相似文献