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This note lays out a roadmap to Datapedia: the goal is to share numbers with the same power and ease that the Wiki has delivered for documents. This would transform the quality and usability of economic data. The goal is a system which, by analogy with Wikipedia can establish a world resource...
Persistent link: https://www.econbiz.de/10005836164
economic theory and political economy. He thus explained how his statistical balance was an outgrowth of Quesnay’s Tableau …
Persistent link: https://www.econbiz.de/10011150763
Abstract Firms can exploit consumers' mistakes when facing complex purchasing decision problems but Gaudeul and Sugden (2012) argue that if at least some consumers disregard offers that are difficult to compare with others then firms will be forced into adopting common ways to present their...
Persistent link: https://www.econbiz.de/10011260766
This paper clarifies some misinterpretations of three foundational concepts in mainstream economics from Islamic viewpoint. These are scarcity of resources, pursuit of self-interest and maximizing behavior of economic agents. It argues that stocks of resources that God has provided are...
Persistent link: https://www.econbiz.de/10008866162
This paper clarifies some misinterpretations of three foundational concepts in mainstream economics from Islamic viewpoint. These are scarcity of resources, pursuit of self-interest and maximizing behavior of economic agents. It argues that stocks of resources that God has provided are...
Persistent link: https://www.econbiz.de/10009147568
The wide use of full-cost pricing techniques remains an explanandum in both economics and management accounting theory … its implications. By recognition of the widespread use of imperfect cost-plus pricing heuristics, observable pricing … price theory are discussed and brought into connection with the meager contemporary interest of most economists in the …
Persistent link: https://www.econbiz.de/10008763834
This article studies the explanatory power of intangible factors - such as country stereotypes and consumer perceptions - for the size of foreign direct investment (FDI) flows, controlling for fundamental variables. To operationalize the concept of these intangibles we use the idea of the...
Persistent link: https://www.econbiz.de/10011096162
Distinguishing between risk and uncertainty, this paper draws on the psychological literature on heuristics to consider …
Persistent link: https://www.econbiz.de/10011108668
latter, this study provides support on the theory of prospects and the Mental Accounting bias. Finally, the research focuses … a quick and low-cost way: Availability and Anchoring heuristics. The main findings of this research are that a) Markets …
Persistent link: https://www.econbiz.de/10011110084
an attempt to investigate the effect of behavioral factors such as heuristics, risk aversion, use of financial tools and … heuristics, use of financial tools, risk aversion, firm-level corporate governance, and investment decision making. The results … decision making. Equity fund managers of institutions apply heuristics and financial tools while formulating their decisions …
Persistent link: https://www.econbiz.de/10011110201