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In: IZA Discussion Paper No. 8425
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In: Scottish journal of political economy: the journal of the Scottish Economic Society, Band 60, Heft 2, S. 210-230
ISSN: 1467-9485
AbstractIndividuals save for their old days, but not all of them enjoy the old age. This paper characterizes the optimal capital accumulation in a two‐period OLG model where lifetime is risky and varies across individuals. We compare two long‐run social optima: (1) the average utilitarian optimum, where steady‐state average welfare is maximized; (2) the egalitarian optimum, where the welfare of the worst‐off at the steady‐state is maximized. It is shown that, under plausible conditions, the egalitarian optimum involves a higher capital and a lower fertility than the utilitarian optimum. Those inequalities hold also in a second‐best framework where survival conditions are exogenously linked to the capital level.
In: Social behavior and personality: an international journal, Band 40, Heft 7, S. 1057-1064
ISSN: 1179-6391
The concept of regarding customers as assets that should be managed and whose value should be measured is now accepted and recognized by academics and practitioners. This focus on customer relationship management makes it extremely important to understand customer lifetime value (CLV)
because CLV models are an efficient and effective way to evaluate a firm's relationship with its customers. Assessment of CLV is especially important for firms in implementing customer-oriented services. In this paper we provide a critical review of the literature on the development process
and applications of CLV.
In: The membership management report: the monthly idea source for those who recruit, manage and serve members, Band 16, Heft 9, S. 5-5
ISSN: 2325-8640
In: The major gifts report: monthly ideas to unlock your major gifts potential, Band 21, Heft 6, S. 8-8
ISSN: 2325-8608
In: The membership management report: the monthly idea source for those who recruit, manage and serve members, Band 12, Heft 9, S. 8-8
ISSN: 2325-8640
In: The major gifts report: monthly ideas to unlock your major gifts potential, Band 18, Heft 6, S. 3-3
ISSN: 2325-8608
In: The membership management report: the monthly idea source for those who recruit, manage and serve members, Band 12, Heft 5, S. 6-6
ISSN: 2325-8640
In: System dynamics review: the journal of the System Dynamics Society, Band 27, Heft 4, S. 392-393
ISSN: 1099-1727
In: Materials & Design, Band 13, Heft 3, S. 183
In: Asian affairs: an American review, Band 7, Heft 2, S. 130-130
ISSN: 1940-1590
In: International affairs
ISSN: 1468-2346
In: Geopolitics, S. 1-22
ISSN: 1557-3028
In: International Economic Review, Band 61, Heft 1, S. 321-350
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