Limited role of entropy in information economics

1974 ◽  
Vol 5 (1) ◽  
pp. 1-7 ◽  
Author(s):  
Jacob Marschak
2019 ◽  
Vol 73 (sup1) ◽  
pp. 91-98 ◽  
Author(s):  
Raymond Hubbard ◽  
Brian D. Haig ◽  
Rahul A. Parsa

2018 ◽  
Vol 9 ◽  
Author(s):  
Xiaoxiao Zhang ◽  
Siling Hu ◽  
Jia Su ◽  
Zixuan Xie ◽  
Wenjing Li ◽  
...  

2018 ◽  
Vol 7 (4) ◽  
pp. 320-335
Author(s):  
Seth W. Norton

Purpose The purpose of this paper is to examine the link between Joseph Schumpeter’s economics and the rise of General Motors (GM). Design/methodology/approach The paper uses regression analysis and time series analysis of market synchronization. Findings There is a strong link between GM rise to dominance of the domestic automobile industry and nuanced features of Schumpeterian economics. Research limitations/implications The paper furthers the examination of the role of information economics on marketing channel performance. Practical implications Information helps in production decisions by synchronizing production with consumer demand. Social implications Economic efficiency enhances the human welfare for better forecasting, lower inventories and greater profits. Originality/value This topic has been explored before but methodology used in this paper is innovative. The paper uses Granger causality.


2018 ◽  
Vol 43 (4) ◽  
pp. 517-543 ◽  
Author(s):  
Ruggero Sainaghi ◽  
Manuela De Carlo ◽  
Francesca d’Angella

This article aims to identify the key elements underlying a destination capability (DC) and to examine what the genesis of these factors is and how they interact to foster the destination development. The article explores a specific development process—the creation of a new product in an alpine destination (Livigno, Italy)—making use of a theoretical framework structured around four major dimensions: DCs, coordination at the destination level, inter-destination bridge ties, and destination development. The results help clarify the genesis of a DC in the context of new product development. First, the dynamics underlying the creation of a DC show that coordination at the destination level constitutes the heart of the process, whereas the integration of scattered resources in the new product plays a more limited role. Second, from a dynamic perspective, the analysis has identified three patterns (scouting, implementation, and involvement).


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