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The use of indicators for unobservable product qualities: inferences based on consumer sorting
Nagler, Matthew G.; Kronenberg, Fredi; Kennelly, Edward J. - Volkswirtschaftliche Fakultät, … - 2010
Using the dietary supplement black cohosh to demonstrate our method, we employ data on a product characteristic unobservable to consumers to decompose the contribution to consumers’ valuations of observable characteristics into surrogate indicator and direct components. Because consumers are...
Persistent link: https://www.econbiz.de/10008805440
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Macromanagement and Business Environment: Analysis of the 1991 Indian Economic Crisis
Saraogi, Ravi - Volkswirtschaftliche Fakultät, … - 2006
business environment of a country. For this purpose, the analysis of the 1991 Balance of Payments (BoP) crisis in India has … 1991 and led to the disruption of business environment during the crisis phase. We then look at how the subsequent …
Persistent link: https://www.econbiz.de/10005619940
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Cost of inpatient rehabilitation care in the Department of Veterans Affairs
Wagner, Todd H.; Richardson, Samuel S.; Vogel, Bruce; … - Volkswirtschaftliche Fakultät, … - 2006
Abstract—We investigated the determinants of inpatient rehabilitation costs in the Department of Veterans Affairs (VA) and examined the relationship between length of stay (LOS) and discharge costs using data from VA and community rehabilitation hospitals. We estimated regression models to...
Persistent link: https://www.econbiz.de/10005790209
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Rational Expectations Equilibria: Existence and Representation
Bhowmik, Anuj; Cao, Jiling - Volkswirtschaftliche Fakultät, … - 2015
In this paper, we continue to explore the equilibrium theory under ambiguity. For a model of a pure exchange and …
Persistent link: https://www.econbiz.de/10011210851
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Mergers between regulated firms with unknown efficiency gains
Fiocco, Raffaele; Guo, Dongyu - Volkswirtschaftliche Fakultät, … - 2014
In an industry where regulated firms interact with unregulated suppliers, we investigate the welfare effects of a merger between regulated firms when cost synergies are uncertain before the merger and their realization becomes private information of the merged firm. The optimal merger policy...
Persistent link: https://www.econbiz.de/10011252548
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Beyond Extended Phenotype Evolution of extended identity in order to reconcile study of humanity with biological evolution
Mezgebo, Taddese - Volkswirtschaftliche Fakultät, … - 2014
The question: “How much of biological evolution based theories, as they are understood presently, apply to human behaviour?” is highly controversial and perhaps highly politicized as well. The inference that human beings are evolutionarily programmed to have urges toward aggression, rape,...
Persistent link: https://www.econbiz.de/10011258986
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Deceptive advertising with rational buyers
Ursino, Giovanni; Piccolo, Salvatore; Tedeschi, Piero - Volkswirtschaftliche Fakultät, … - 2012
We study a Bertrand game where two sellers supplying products of different and unverifiable qualities can outwit potential clients through their (costly) deceptive advertising. We characterize a class of pooling equilibria where sellers post the same price regardless of their quality and low...
Persistent link: https://www.econbiz.de/10011259275
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Preserving "Debt Capacity" or "Equity Capacity": A Dynamic Theory of Security Design under Asymmetric Information
Inderst, Roman; Vladimirov, Vladimir - Volkswirtschaftliche Fakultät, … - 2012
theory also entails implications for start-up and venture capital financing. …
Persistent link: https://www.econbiz.de/10011259963
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Solutions Pratiques au Problème de Financement des PME au Cameroun
NGUENA, Christian L. - Volkswirtschaftliche Fakultät, … - 2013
The role of small and medium enterprises (SMEs) in the fight against unemployment and economic activity stimulation is well established. Until today and due to lack of funding, Cameroon suffers of an unsustainable private sector constituted by SMEs at more than 90%; A situation which tends to...
Persistent link: https://www.econbiz.de/10011260130
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Why is the Workplace Racially Segregated by Occupation?
Naqvi, Nadeem - Volkswirtschaftliche Fakultät, … - 2012
by economic theory, but “the hypothesis of employer discrimination does not at all explain segregation by occupation … theory foundations, insofar as they impose a utility indicator function as a primitive concept via persuasion, rather than … to discriminate. Economic theory is, therefore, endogenously color-blind, race-blind, gender-blind, ethnicity-blind, and …
Persistent link: https://www.econbiz.de/10011260187