Dichotomous Asset Pricing Model Evidence from the UK market 1. Introduction Ever since its introduction by Sharpe-Lintner-Black‚ the Capital Asset Pricing Model (CAPM) has been subject to criticism‚ appraisal and continuous efforts for improvement‚ such as the Reward Beta approach (Bornholt‚ 2007)‚ conditional CAPM or the consumption CAPM. The Dichotomous Asset Pricing Model (DAPM)‚ introduced by Professor Liang Zou at the Universiteit van Amsterdam‚ brings a fresh approach to asset pricing and contributes
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Dynamic Pricing in the Airline Industry R. Preston McAfee and Vera te Velde California Institute of Technology Abstract: Dynamic price discrimination adjusts prices based on the option value of future sales‚ which varies with time and units available. This paper surveys the theoretical literature on dynamic price discrimination‚ and confronts the theories with new data from airline pricing behavior. Correspondence to: R. Preston McAfee‚ 100 Baxter Hall‚ California Institute of Technology‚
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Reaction to Everyday Use Marion Graham English/125 November 12‚ 2012 Reaction to Everyday Use Everyday Use is a short story written by Alice Walker about a family of three‚ Mama‚ the narrator‚ Maggie her youngest daughter‚ and Dee‚ her eldest daughter. Both daughters are completely
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are humans that cannot follow this step. In fact‚ this new process is involving a wider gap between developped countries and the least developped countries concerning life expectancy. Life expectancy is an average number of year given to a person at his birth depending on the country he was born in‚ and it is a factor defining the health of a country. Diseases‚ war‚ famine‚ death rates in one hand‚ national economic prosperity‚ standard education and performant healthcare in the other hand‚ there are
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Case – Glitzz: Devising a Pricing Strategy What factors influence the pricing decisions for a product such as Glitzz? Analyze these factors and comment on the range of prices that can be set for Glitzz Q1. Factors influencing the pricing decisions for Glitzz include the firm’s objectives‚ customer factors‚ and competitive factors. Constraints such as costs also play an important role in influencing pricing decision. Together‚ they narrow the range of price reasonable for Glitzz. The target
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Low Impact Exercise that’s Great for Any Age. The world around us is always changing. The generation gap is ever widening as new developments emerge‚ but health is one concern that affects any age group all the time. A decent diet and exercise regime is essential for everybody to maintain a healthy lifestyle. You can start neither too soon nor too late as young and old alike benefit equally. The question is what exercise is better and more effective in conditioning the entire
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Independent Study An investigation into pricing strategies of Wal-Mart in China Module Leader: Gunjan Saxena Student ID: 200912567 Date: 17/05/2009 Executive Summary The report is an investigation about Wal-Mart’s pricing strategies in China‚ which consists of three parts. The part 1 includes five points relevant information. To begin with‚ it will have an introduction for this investigation to assess the brief of Wal-Mart and its pricing strategies in China. The next is setting up
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SMART PURCHASE IN SUPERMARKETS USING RFID OBJECTIVE: • To provide effective customer service in supermarkets by rising the efficiency of total supply chain through quick billing of products. • To achieve operational excellence and effective supply chain management. ABSTRACT: Shopping seems to be a good entertainment. But the huge queue in the supermarkets to scan the products frustrates the customers . Barcode scanning is a time consuming process engaging the customers to stick to the billing
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select the OEM manufacturer management‚ logistics design and mall management. ” IKEA claims that " what we design first is the price tag "‚ i.e. set price first‚ then design products by designers. Designs are derived from price In order to keep low price‚ the designers of IKEA Bong Cup must fully consider the factors such as material‚ color and design. For instance‚ cups’ color are painted as green‚ blue‚ yellow or white‚ because these color materials cost less than other colors (such as red );
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alter the user’s appearance. Cosmetics makers put a new face on competitive pricing strategies. Today’s consumers want more out of the products they buy‚ and cosmetics are no exception. To help meet that demand‚ value and budget cosmetics manufacturers are ramping up efforts with more upscale packaging‚ enhanced formulas and improved merchandising units. Such efforts are not just aimed at better serving current buyers of value and budget cosmetics‚ but‚ perhaps more important‚ also at attracting new
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