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The theoretical background of the empirical investigations to be reported in this paper are positionalist aggregation functions which are numerically representable. More concretely, the broad Borda rule is proposed as an aggregation mechanism for the case of a complete set (profile) of so-called...
Persistent link: https://www.econbiz.de/10010928802
Gaps in welfare attainment between boys and girls in China have attracted international attention. In this paper demand analysis is used to try and uncover the factors which may be driving the emergence of the gender gaps. Drawing on household expenditure data from a poor (Sichuan) and rich...
Persistent link: https://www.econbiz.de/10010928624
demand is not homothetic, i.e. when not all expenditure elasticities are equal to one. In principle, economic theory tells us … are many more parameters than observations. Index number theory has solved this problem, at least when demand is …
Persistent link: https://www.econbiz.de/10011071515
We estimate semiparametric Engel curves for rural Pakistan using a large household survey. This allows us to obtain consistent estimates of the effects of household size and composition on consumption patterns even when these demographic variables are correlated with an unknown function of...
Persistent link: https://www.econbiz.de/10010928715
It is known from the literature on uncertainty that in cases where individuals express a preference for a high win-probability bet over a bet with high winnings they nevertheless will bid more to obtain the bet with high winnings. We investigate whether a similar phenomenon applies in the...
Persistent link: https://www.econbiz.de/10010928778
The purpose of this paper is to identify the organisational comparative advantage of NGOs, and to develop a model which explains the set of circumstances uder which they emerge and dominate other types of firms. It is argued that the potential superiority of NGOs derives from two features: (1)...
Persistent link: https://www.econbiz.de/10010745102
Persistent link: https://www.econbiz.de/10011125912
This paper uses data from the British Household Panel Survey and the Attitudes to Inheritances Survey to estimate the magnitude of and the factors that are correlated with private inter-household transfers from parents to their adult children in the UK. Our evidence suggests that inter vivos...
Persistent link: https://www.econbiz.de/10011071119
This article introduces the Emergency Purchasing Situation (EPS) as a distinct buying context. EPSs stem from an unexpected event (unanticipated need or timing of a need), as well as high product importance, which are associated with a short time frame for consumer decision-making. Our...
Persistent link: https://www.econbiz.de/10011126285
This paper examines how information on the purchasing patterns of different customer segments can be used to more accurately evaluate the economic impact of mergers. Using a detailed dataset for the leading manufacturers in the US during the late nineties, I evaluate the welfare effects of the...
Persistent link: https://www.econbiz.de/10010928622