Bridging the B2C and B2B Research Divide: The Domain of Retailing Literature

As the oldest academic journal in marketing, Journal of Retailing publishes research dealing with all sorts of B2B and B2C retailing-related topics. However, there appears to be a perception that Journal of Retailing welcomes only research pertaining to B2C issues. In this article, we debunk that perception through an analysis of the content of Journal of Retailing articles published during the 2002-2008 period. In particular, we find that only 18.7% of Journal of Retailing's content is devoted exclusively to B2C or C2C (consumer-to-consumer) topics. The remainder focuses on B2B research issues. We explore the implications of these findings for researchers who wish to pursue retailing-related B2B research.     

Racial Inequality and Segregation Measures: Some Evidence from the 2000 Census

How much of the observed segregation between black and white Americans can be attributed to income disparities between the two groups? We adopt an approach to the decomposition of segregation measures that combines the method of indirect standardization with the idea that some degree of segregation is the outcome of purely random processes. Using the dissimilarity index as a measure of segregation and data on race and income from US metropolitan areas for 2000, we find that the role played by racial income inequality in accounting for segregation is modest but varies significantly across cities.     

A model for risk classification of banks

This paper deals with designing a bank risk classification scheme based on readily available performance data. This risk rating is referred to as ‘Risk rating’. Due to non-availability of data on CAMEL rating (C rating), R risk rating has potential for studying risk-based premiums insurance policy and for determining optimal frequencies for variable frequency on-site examination policy. A composite non-performance measure is developed to estimate probability of failure of a bank based on performance data available in bank call reports by fitting a Logit curve and estimating its parameters using maximum likelihood method. Division of banks into healthy and watchful types is based on critical dividing value of probability of failure.     

Industry Structure and Pricing. The New Rivalry in Infrastructure,Mark A. Jamison.

Review of Industrial Organization -     

On Kakutani's fixed point theorem,the K-K-M-S theorem and the core of a balanced game

Summary We provide elementary proofs of Scarf's theorem on the non-emptiness of the core and of the K-K-M-S thoerem, based on Kakutani's fixed point theorem. We also show how these proofs can be modified to apply a coincidence theorem of Fan instead of Kakutani's fixed point theorem, for some additional simplicity.The results presented here were first reported in Shapley (1987) and Vohra (1987). A version of our proof of Theorem 1 has also been presented in a recent book by C.D. Aliprantis, D.J. Brown and O. Burkinshaw,Existence and Optimality of Competitive Equilibria (1989) Springer-Verlag. We are grateful to Ky Fan, Wanda Gorgol, Tatsuro Ichiishi and Ali Khan for comments on earlier drafts. Vohra's research has been supported in part by NSF grant SES-8605630.     

On the existence of lindahl equilibria in economies with a measure space of non-transitive consumers

We present a generalization of Roberts' theorem on the existence of Lindahl equilibria in economies with a measure space of agents. The principal contribution of this paper is methodological. We show that by formulating the problem in what we consider to be its natural infinite dimensional setting, the basic structure of Debreu's proof in the theory of value can be applied. Our proof makes use of functional analysis and relies, in particular, on Artstein's characterization of weak sequential convergence in L₁(μ).     

Structural and strategic dynamics in franchising

In this paper we examine the changes in ownership patterns of franchise systems as they mature. We compare the predictions made by three alternative theories within the context of the fast food industry. Signaling theory predicts that franchise systems will move toward a greater reliance on franchised outlets as systems mature, while resource acquisition theory (or as it is sometimes known, ownership redirection thesis) predicts a tendency in the opposite direction. A third theoretical perspective, tapered integration or plural forms, suggests a tendency toward maintaining a steady state of mixed distribution. Results indicate that although franchisors value the benefits of the mix of ownership types and do maintain that mix over time, there is some evidence of a greater tendency to permanently convert existing franchised outlets to company-owned outlets as fast food systems mature and gain greater access to resources.