Showing 1 - 10 of 21
instead on the final payoff and not on its relation to preferences or satisfaction, which are deemed non-measurable. On the … contrary, this work has shown that consistent data emerge by simply asking players to express preferences and satisfaction … individual preferences may help predicting towards which solutions players will converge, at least in a social setting, and …
Persistent link: https://www.econbiz.de/10005118521
In this paper, we will conduct an analysis from an empirical perspective concerning broadcasting demand behavior and characteristics. More concretely, we will assume three options (subscription patterns), namely, nonsubscription, cable TV subscription, and subscription to broadcasting services...
Persistent link: https://www.econbiz.de/10005561431
making use of endogenous nature of preferences is suggested that is aimed at eliminating risks of terminating being of a … disseminating information about admissible values of strategical commodities, allowing a society to form such preferences of its …
Persistent link: https://www.econbiz.de/10005556578
Voting on unidimensional issues will produce equilibrium outcomes if voter preferences are single peaked. While the …
Persistent link: https://www.econbiz.de/10005556972
The current optimum population models found in economic literature define static optimum population used in forming policy i.e. at a given instant what should be the optimum number of people in a (closed) economy. We believe that although this definition is useful, it is very limiting as far as...
Persistent link: https://www.econbiz.de/10005125782
This paper provides necessary conditions for testing the local consistency of three-level nested logit models with random utility maximization. We find that for a model with two sub-nests per nest the conditions can lead to a substantial increase in the range of acceptable dissimilarity...
Persistent link: https://www.econbiz.de/10005556267
Previous papers in this series have presented a conceptual model of the individual decision to telecommute and explored relationships among constraints, preference, and choice. A related paper has developed a binary model of the preference for home-based telecommuting. Noting that there is a...
Persistent link: https://www.econbiz.de/10005556776
In this paper we present some results of a research project to develop and estimate a micro-econometric model of residential choice. The model is applied to a sample of Italian chief towns of district. The choice is assumed to depend on household characteristics, income, structural and...
Persistent link: https://www.econbiz.de/10005125936
Monetary policy has an important role in the determination of the inflation rate and the output gap time trajectories. Monetary authorities should choose the nominal interest rate time path that best serves the goals of price stability (primarily) and output growth (as a consequence of the...
Persistent link: https://www.econbiz.de/10005126273
Prior research suggests that brand may influence consumer preference for differentiated products. However, the extant literature does not measure how brand value affects product similarity and consumer choice. This paper examines demand response to the proliferation of personal computers (PCs)....
Persistent link: https://www.econbiz.de/10005134477