Conditioning variables on consumer choices are conventionally included in demand functions additively. We identify the underlying utility maximisation problem. There must be base consumption levels efficiently set which vary with the conditioning variables. A special case is quasi-homothetic...

F22 J61 O15 </AbstractSection> Copyright Simmons and Xie; licensee Springer. 2013

The UK Economic and Social Research Council's Global Environmental Change (GEC) research programme aims “to take the social sciences to the heart of environmental debate and to bring the environment to the heart of the social sciences”. The experience of researchers working within the GEC...

The term ‘interactive social science’ refers to a collaborative pattern of researcher-user relationships. Interactive research has been characterised as a distinctive mode of knowledge production and contrasted to contract research. This article questions this stark distinction and considers...

This paper analyses labour force participation and precautionary savings in the presence of risks of being fired or failing to secure a job offer when out of the labour market. We use a finite horizon framework with two employment states and a stage utility function which is CARA in consumption...

In a costly state verification model under commitment, the principal may acquire a costly public and imperfectly revealing signal before or after contracting. If the project remains profitable after all signal realizations, optimally the signal is collected, if at all, only after contracting,...

Purpose: The purpose of this paper is to demonstrate how upstream social marketing may benefit from social media citizensourcing and improve understanding of community preferences and attitudes to policy. Using the case of shark management in New South Wales, Australia, this paper aims to...

Within a costly state verification setting, we derive the optimal financial contract between an entrepreneur, a (potentially financing) supervisor and a pure investor when there is non-verifiable and non-contractible monitoring and limited liability. We show that diversion of cash flows to the...

This paper examines qualitative quarterly survey data on U.K. consumers price anticipations in the context of a framework designed to allow the authors to test the predictive ability of consumers and the information content of this survey data. The results indicate that the survey data contains...