Value-based performance and its decomposition ...
Type de document :
Compte-rendu et recension critique d'ouvrage
Titre :
Value-based performance and its decomposition into direct price and quantity effects
Auteur(s) :
Boussemart, Jean Philippe [Auteur]
Lille économie management - UMR 9221 [LEM]
Leleu, Herve [Auteur]
Lille économie management - UMR 9221 [LEM]
Parvulescu, Raluca [Auteur]
Lille économie management - UMR 9221 [LEM]
Lille économie management - UMR 9221 [LEM]
Leleu, Herve [Auteur]
Lille économie management - UMR 9221 [LEM]
Parvulescu, Raluca [Auteur]
Lille économie management - UMR 9221 [LEM]
Titre de la revue :
European Journal of Operational Research
Pagination :
298-311
Éditeur :
Elsevier
Date de publication :
2022-11-16
ISSN :
0377-2217
Discipline(s) HAL :
Sciences de l'Homme et Société/Economies et finances
Sciences de l'Homme et Société/Gestion et management
Sciences de l'Homme et Société/Gestion et management
Résumé en anglais : [en]
Based on the idea that in real markets firms have some freedom to set their output prices and negotiate input unit costs, this paper introduces a new approach for value-based performance decomposition as the product of ...
Lire la suite >Based on the idea that in real markets firms have some freedom to set their output prices and negotiate input unit costs, this paper introduces a new approach for value-based performance decomposition as the product of direct price and quantity effects. Our framework relies on the axiomatization of a value transformation set on which quantity, price and value distance functions can be defined. The methodology developed allows for various degrees of dependency between quantity and price as well as for different degrees of freedom in price setting. The value-based performance decomposition can encompass all traditional measures such as cost, revenue, profit and profitability efficiencies. An application on French cattle farms illustrates the appeal of our approach for practitioners.Lire moins >
Lire la suite >Based on the idea that in real markets firms have some freedom to set their output prices and negotiate input unit costs, this paper introduces a new approach for value-based performance decomposition as the product of direct price and quantity effects. Our framework relies on the axiomatization of a value transformation set on which quantity, price and value distance functions can be defined. The methodology developed allows for various degrees of dependency between quantity and price as well as for different degrees of freedom in price setting. The value-based performance decomposition can encompass all traditional measures such as cost, revenue, profit and profitability efficiencies. An application on French cattle farms illustrates the appeal of our approach for practitioners.Lire moins >
Langue :
Anglais
Vulgarisation :
Non
Collections :
Source :