Index property rights theory 22–23, 29, 349–351, 508, 510 prospect theory 89 psychic costs 423 public goods 475–476 public ownership 477, 478, 481–485 public sector 63 pure strategies 362 quadratic cost functions 224–225, 263 qualitative data 142 quantitative data 142 Qwest 48 ‘RPI X’ Formula 489 Raiffa, H. 468 Railtrack 489 randomizing strategy, see mixed strategy Rao, V. R. 428 Rapaport, A. 381 rate-of-return constraints 486 rationality 8, 88 reaction curve, see response function Reaganomics 486 reciprocal functions, see inverse functions reference prices 424 regression coefficients 140, 145–146 regulation 477, 486–490, 509, 517–518 rent-seeking behaviour 477 repeated games 337, 370–375 replacement of capital 432 replacement cost 215 reputation effects 356 resale price maintenance (RPM) 317, 507 research 433 residual control 29–30 residual returns 29–30 residual standard error, see standard error of estimate residuals 129, 133, 167 response curve, see response function response function 341, 342, 346, 351, 359 Restrictive Practices Acts 496 restrictive practices policy 477, 480, 493–507 retained earnings 447–448 breakpoint 460 returns to outlay 196 returns to scale 195–198, 227 revenue churning, 192 revenue destruction effect 344 revenue maximization 40 Rhys, G. 283 Ridley, M. 27 Riesz, P. C. 422, 429 risk 434, 440, 454–458
market 440, 443–445 stand-alone 440, 441–443 systematic 440, 447 and uncertainty 8, 35, 57–60, 63, 67 unsystematic 447 within-firm 440, 443 risk-adjusted cost of capital (RACC) 458 risk analysis 439–445 risk aversion 58 risk neutrality 58 risk-pooling 41 risk premium 58 risk-seeking 58 Roberts, J. 27, 28, 29, 43, 330, 428 Robinson–Patman Act (1936) 498 robustness 36, 128, 259 Roche 498 Roistacher, E. A. 121 Ross, D. 253 Rowe, D. A. 121 Royal Ahold 48 Ryanair 403–405 SAS 133 SPSS 133, 141, 145 Safeway 494 sales revenue maximization, see revenue maximization Saloner, G. 330 sample bias 126 sample regression line 157, 158 sample regression parameters 133 Sarbanes–Oxley Act 40, 516–518 satisficing 59, 63–64, 65, 68, 88 Sawyer, A. 423 scale 180 scattergraph 132 scenario analysis 454–455 Schelling, T. C. 28 Scherer, F. M. 253 Schuknecht, L., 192 scientific theories 12–14 screening 40–41 Seabright, P. 283 search costs 25, 88, 476, 478 seasonal factors 95, 398 second-order conditions 419 secondary data 131 secondhand car market 38 Securities and Exchange Commission (SEC) 44, 48, 49, 54, 516 security market line (SML) 443–445 Selective and Exclusive Distribution (SED) system 502 self-interest 27–29 self-regulation 518
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