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- 24 Feb 2014
- Research & Ideas
Busting Six Myths About Customer Loyalty Programs
competitive move would probably trigger retaliation from the attacked retailer, who would subsequently try to steal the focal retailer's loyal shoppers. It can easily be seen that such a strategy would punish all players, except the shopper. The condition for a...
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- 20 Feb 2008
- First Look
First Look: February 20, 2008
workers by posting vacancies. Firms act monopsonistically and set wages to retain their existing workers as well as to attract new ones. The model differs from Burdett and Mortensen (1998) in that its assumptions ensure that there is an View Details
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Martha Lagace
- 10 Mar 2009
- First Look
First Look: March 10, 2009
Wages and Unemployment in a Matching Model with Monopsony Author: Julio J. Rotemberg Publication: Supplement. Journal of Monetary Economics 55 (October 2008): 97-110 Abstract A monopsony model with a symmetric equilibrium is developed...
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Martha Lagace
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