Rebates, inventories, and intertemporal price discrimination

We demonstrate that universally redeemed rebates can increase manufacturer profits by reducing the incentives of downstream retailers to hoard inventories when optimal wholesale prices vary predictably over time. By bypassing retailers and making direct contracts with buyers, the manufacturer can increase the variations in effective prices paid by consumers without concomitantly creating larger incentives for retailers to hold inventories. During profitable, high-demand periods, manufacturer revenues are ordinarily constrained by'competition'from retailer inventories, thus limiting profits. However, by selectively offering rebates to consumers while maintaining high wholesale prices, low-demand periods can be accommodated without inducing retailer hoarding.     

Reliant behavior in the United States and Japan

Japanese economic success is often attributed to culturally reinforced psychological conditioning that promotes interpersonal reliance, cooperation, and a group interest orientation. This article provides direct experimental evidence on differences in behavior among future business people in the United States and Japan. Utilizing a simple, two person extensive form game of perfect information introduced by Selten (1975), we provide evidence that, contrary to some views, the Japanese can be less reliant on the behavior of others and are more likely to take actions at variance with group welfare in some settings. Thus, popular explanations of Japanese economic achievements may require further exploration.     

Ergonomics analysis of the activity of boning shoulder in a pig slaughter-house in the city of Ipiranga-SC

The incidence of workers suffering from occupational injuries has alerted health professionals and entrepreneurs. Enterprises are looking for improvements in production systems by investments in quality, technological innovations and in human resources that are capable and committed to the objectives and targets of the enterprise. This research was developed in a pig slaughter-house in the city of Ipiranga-SC, in the labor of boning shoulder of the pig, because this is the activity that presents more registers of complaints of pain and also probability of development of occupational diseases with cause in the enterprise.Tools of Ergonomics Analysis of Work were used, from interviews with workers to the application of LEST method in the activity analyzed. The necessity of immediate intervention in the work station was shown in the results, because of the high risk of prejudice to the health of the workers. Improvement actions must be done to satisfy the ergonomics requirements of NR 17 standard, attending the enterprise interests in the occupational diseases prevention.