Browsing by Subject "capacity constraints"
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Experimental evidence of a sunk–cost paradox : a study of pricing behavior in Bertrand–Edgeworth duopoly (2008-04-16)A well–known implication of microeconomic theory is that sunk costs should have no effect on decision making. We test this hypothesis with a human–subjects experiment. Students recruited from graduate business courses, ...
Simultaneous Supplies of Dirty and Green Fuels with Capacity Constraints : Is there a Green Paradox? (University of Aberdeen Business School, 2015-12)