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The authors describe spend analyses they conducted in 2002 for the first phase of a purchasing and supply management demonstration at the Oklahoma City Air Logistics Center for of F100 jet engine spares and repair services and jet engine bearings. The authors detail required data and processes for a spend analysis and discuss the implications of their findings for F100 purchasing and supply-chain management for future spend analyses.
A Brookings Institution Press and American Enterprise Institute publication When should government intervene in market activity and when is it best to let market forces take their natural course? How does the existing empirical evidence about government performance guide our answers to these questions? In this clear, concise book, Clifford Winston offers his innovative analysis—shaped by thirty years of evidence—to assess the efficacy of government interventions. Markets fail when it is possible to make one person better off without making someone else worse off, thus indicating inefficiency. Governments fail when an intervention is unwarranted because markets are performing well or when...
An efficient transportation system reduces the cost of distance by moving people and goods from their origins to their destinations as cheaply, quickly, and safely as possible. By enabling individuals and firms to be more productive, transportation provides the foundation for the development and growth of industries and an entire economy. Clifford Winston, Jia Yan, and Associates argue that competition and innovation are the key drivers of an efficient transportation system. The authors provide new evidence that transportation deregulation and privatization that spur additional competition among carriers and infrastructure providers, as well as new innovations that create autonomous transportation services, have the potential to rid the US transportation system of its major inefficiencies and revitalize the nation.
The book is written by a group of academic researchers and practitioners and, as such, provides insightful analyses from both theoretical as well as practical perspectives. It will be of value to policymakers, industry stakeholders, and regulators who are interested in utility regulation and policies to foster a competitive market environment. International Energy Law and Taxation Review Governments, Competition and Utility Regulation continues the series of annual books, published in association with the Institute of Economic Affairs and the London Business School, which critically reviews the state of utility regulation and competition policy. The book contains incisive chapters on competi...
For decades, concerns have been raised about the consequences of relentless suburban expansion in the United States. But so far, government programs to control urban sprawl have had little effect in slowing it down, much less stopping it. In this book, Pietro S. Nivola raises important questions about the continued suburbanization of America: Is suburban growth just the result of market forces, or have government policies helped induce greater sprawl? How much of the government intervention has been undesirable, and what has been beneficial? And, if suburban growth is to be controlled, what changes in public policies would be not only effective, but practical? Nivola addresses these question...
How do individuals decide whether to accept human causes of climate change, vaccinate their children, or wear a mask during a pandemic? In Science Denial: Why It Happens and What to Do About It, psychologists Gale Sinatra and Barbara Hofer identify the problem of science denial and offer tools for addressing it.
Purchased goods and services are an increasingly large proportion of public and private enterprise budgets. Historically, purchased goods and services have accounted for less than a third of an enterprise's budget, but today many enterprises spend more than two-thirds of their budgets on purchased goods and services. Similarly, the Air Force and the Department of Defense (DoD) spend nearly half their budgets for purchased goods and services and an additional sixth on weapon procurement (with only a third going to military and civilian personnel costs). (See pp. 1-6.) Because of the growing importance of purchasing, many enterprises have sought to develop supply strategies for their purchased goods and services. This monograph is intended as a resource for procurement personnel developing supply strategies for the Air Force or DoD. It does not analyze current military procurement practices but rather synthesizes academic, business, and professional literature on developing and applying supply strategies. Its core is a synthesis of nearly a dozen different processes found in the literature.
A report that investigates the underlying economics of the Internet, including economic aspects of the Internet and electronic commerce, pricing practices and market structure. Provides a "roadmap of the current terrain in Internet-related economic matters, as well as a framework for future analysis."
In 1998, Internet-related industries created over a million jobs and generated more than $330 billion in revenue. As of December 1999, almost five million commercial websites had emerged, and that number was increasing at a rate of almost half a million per month. The explosive growth of the Internet economy has drastically changed the way commercial transactions are conducted, making anything from books to databases available at the click of a mouse. This book investigates the underlying economics of the Internet, focusing specifically on the pricing of access, the pricing of goods and services sold online, the relationship between network effects, technological innovation and business strategy, and the issues surrounding taxation of electronic commerce. Addressing the economic aspects of the Internet and electronic commerce as well as traditional pricing practices and market structure, this volume will serve as a roadmap for the current and future terrain of the Internet economy.