Implications of Improved Information on Market Performance

The retail food market in Edmonton, Alberta represents an unusual market to study. The basic problem inherent in this metropolitan market area of 500,000 people, is the dominance of a single retail food chain whose food sales represent up to 65 percent of total food sales. Conventional economic theory would normally lead to the conclusion that market performance would be improved by a direct attack on the structure of the market which in turn would involve the absolution of a highly successful retail operation. However, the application of monopoly anti-trust laws was certainly not an alternative available to the research team, even if it was considered to be a feasible solution to the problem. Therefore an attempt was made by the authors to observe the impact of improved consumer market information on corporate performance. The following article documents the research and leads towards a time honored conclusion that additional market information would improve consumer welfare in a meaningful manner.     

Nader's Support: Its Sources and Concerns

Do the consumer advocates, such as Nader, have a real constituency? Where do they get their support? This study, based on a nationwide sample, investigated the extent of support for Ralph Nader and his program, and its sources. Nader was found to have substantial support, a major portion of it consisting of middle-income political liberals. Those supporting Nader were found to be active complainers and supporters of other political and social causes, suggesting that support for Nader is part of a broader pattern of activisim.     

Peristomale Haut beurteilen

Das Ostomy Skin Tool - Ver?nderungen der peristomalen Haut früh zu erkennen und rechtzeitig entsprechende Ma?nahmen einzuleiten, geh?rt zu den Aufgaben einer Stomafachkraft. Ein validiertes Verfahren für die Beurteilung ist das Ostomy Skin Tool.     

UK World War I and interwar data for business cycle and growth analysis

This article contributes new time series for studying the UK economy during World War I and the interwar period. The time series are per capita hours worked and average capital income, labor income, and consumption tax rates. Uninterrupted time series of these variables are provided for an annual sample that runs from 1913 to 1938. We highlight the usefulness of these time series with several empirical applications. The per capita hours worked data are used in a growth accounting exercise to measure the contributions of capital, labor, and productivity to output growth. The average tax rates are employed in a Bayesian model averaging experiment to reevaluate the Benjamin and Kochin (J Political Econ 87:441–478, 1979) regression.