Price distributions and competition

Considerable evidence demonstrates that significant dispersion exists in the prices charged for seemingly homogeneous goods. This paper adopts a simple, flexible equilibrium model of search to investigate the way the market structure influences price dispersion. Using the noisy search approach, the paper demonstrates the effects of having a single large, price-leading firm with multiple outlets and a competitive fringe of small firms with one retail outlet each.

ILR Impact Brief - Pathways to Success: Human Resource Practices Do Matter

[Extract] Most researchers agree that human resource (HR) practices affect attitudes and discretionary behavior on the job and that employee actions and motivations influence company performance. The academic literature also suggests that investing in employees, through high-commitment HR practices such as internal labor markets, selecting new employees who “fit” the company rather than a particular job, compensating employees on the basis of group and company results, and training and development programs that stress team building and long-term growth, are all indirectly related to organizational success. Missing from the literature is an exploration of the causal mechanisms that mediate between these HR practices and favorable outcomes for companies operating in dynamic environments; this research begins filling the void

Herbicide Evaluation in Arkansas Cotton, 1999

Herbicidal weed control is economically important for production of cotton. Field experiments are conducted annually in Arkansas to evaluate the activity of developmental and commercial herbicides for selective control of weeds in cotton. These experiments serve both industry and Arkansas agriculture by providing information on the selectivity of herbicides still in the developmental stage and by comparing the activity of these new herbicides with that of recommended herbicides

Human Resource Practices, Knowledge-Creation Capability And Performance In High Technology Firms

This study examines the relationship among key HR practices (i.e., effective acquisition, employee-development, commitment-building, and networking practices), three dimensions of knowledge-creation capability (human capital, employee motivation, and information combination and exchange), and firm performance. Results from a sample of 78 high technology firms showed that the three dimensions of knowledge creation interact to positively affect sales growth. Further, the HR practices were found to affect sales growth through their affect on the dimensions of knowledge-creation capability