NBER WORKING PAPER SERIES PROFITABILITY OF MOMENTUM STRATEGIES: AN EVALUATION OF ALTERNATIVE EXPLANATIONS Narasimhan Jegadeesh Sheridan Titman Working Paper 7159 http://www.nber.org/papers/w7 159 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge‚ MA 02138 June 1999 This paper has benefited from the excellent research assistance of Fei Zou and helpful comments from the participants of finance workshops at Indiana University and the University of Texas. All opinions expressed
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Cost Classification and Pricing Student Name Student University Cost and Price Analysis Cost Classification and Pricing Cost Classification According to Maher‚ L. (2005)‚ cost classification refers to the separation of different expenses in various categories. The classifications of costs are required for any firm in order to accurately track and account for the allocation of varies types of cost categories. For Hawk-eye‚ cost classification is crucial since it plays an important part in
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The impact of the implementation of single exit pricing for pharmaceuticals in South Africa Daleen Pretorius A research report submitted to the Faculty of Commerce‚ Law and Management‚ University of the Witwatersrand‚ in partial fulfilment of the requirements for the degree of Master of Business Administration Johannesburg‚ 2011 ABSTRACT Pricing regulations have been implemented within the pharmaceutical industry in South Africa to ensure improved access to healthcare. The implementation
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Pricing Introduction Peter Drucker‚ who is widely regarded as the greatest management thinkers of our time once said: “Because the purpose of business is to create a customer‚ the business enterprise has two–and only two–basic functions: marketing and innovation. Marketing and innovation produce results; all the rest are costs. Marketing is the distinguishing‚ unique function of the business.” Looking at the problems faced by most businesses today‚ it seems obvious that Drucker was right when he
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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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Managerial Economics Unit 10 Unit 10 Pricing under Imperfect Competition Structure: 10.1 Introduction Case Let Objectives 10.2 Monopoly 10.3 Price Discrimination under Monopoly 10.4 Bilateral Monopoly 10.5 Monopolistic Competition 10.6 Oligopoly 10.7 Collusive Oligopoly and Price Leadership 10.8 Duopoly 10.9 Industry Analysis 10.10 Summary 10.11 Glossary 10.12 Terminal Questions 10.13 Answers 10.14 Case Study Reference/E-Reference 10.1 Introduction In the previous
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Individual Report Case 2 1. What was Apple’s primary pricing objective when it introduced the iPhone? What was its primary objective in cutting the product’s price just two months after introduction? Apple’s primary pricing objective when it introduced the iPhone is set high pricing at $599 in order to reinforce the brand’s high-end positioning and special cachet and also make profit from from the very start of iPhone’s life. The primary objective in cutting the product’s price
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Differential Pricing: Many important industries involve technologies that exhibit increasing returns to scale‚ large fixed and sunk costs‚ and significant economies of scope. Two important examples of such industries are telecommunications services and information services. In each of these cases the relevant technologies involve high fixed costs‚ significant joint costs and low‚ or even zero‚ marginal costs. Setting prices equal to marginal cost will generally not recoup sufficient revenue to cover
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Luithly 1 May 2015 Pricing and Revenue Management Implementation of Pricing and Revenue Optimization Introduction Perhaps one of the most difficult managerial decisions in the 21st century is the decision to make a decision. Analysis paralysis‚ endless meetings‚ and corporate structure have made it painstakingly difficult to come to any real conclusions. So when the Chief Financial Officer‚ Bruce Berman‚ of Bloomindale’s was tasked with decision to implement ProfitLogic’s Pricing Optimization (PO)
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CHAPTER 12 MANAGING AND PRICING DEPOSIT SERVICES Goal of This Chapter: This chapter has multiple goals. One of the most important is to learn about the different types of deposits financial institutions offer and‚ from the perspective of a manager‚ to discover which types of deposits are among the most profitable to offer their customers. We also want to explore how an institution’s cost of funding can be determined and examine the different methods open to institutions to price the deposits
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