Implementing a priority queue thus means posting a menu of expected waits and out-of-pocket prices that are incentive compatible. Whether priorities increase or decrease consumer surplus relative to ...

Meanwhile, the gap between offered prices and the maximum that consumers are willing to pay decreases by 2.5 percent. In ...

Swedish documentary film on consumerism and globalization, created by director Erik Gandini and editor Johan Söderberg. It looks at the arguments for capitalism and technology, such as greater ...

Meanwhile, the gap between offered prices and the maximum that consumers are willing to pay decreases by 2.5%. In economics terms, this creates additional "surplus" value for firms, while lowering ...