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Demand for Self Control: A model of Consumer Response to Programs and Products that Moderate Consumption
Berg, Nathan; Kim, Jeong-Yoo - Volkswirtschaftliche Fakultät, … - 2010
Is it better to apply effort to increase personal consumption, or control what one wants? The model presented here provides a characterization of demand for self control, namely, its responsiveness to price and risk. Unlike most other models of self control, the model does not identify self...
Persistent link: https://www.econbiz.de/10008693565
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The effects of Economy, Values and Health on Happiness In Iran: the case of the Kish Island
Torshizian, Eilya; Mehrara, Mohsen - Volkswirtschaftliche Fakultät, … - 2011
Increasing happiness of population as the ultimate goal has engaged economist’s interest in identifying, measuring and … theorizing based on the amount of influence of effective components on happiness. What makes this paper remarkable in contrast to … happiness is Structural Equation Modeling (SEM) with latent variables. Results do not confirm presence of the Easterlin paradox …
Persistent link: https://www.econbiz.de/10009001188
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Distancia Psicológica
Moreno-Okuno, Alejandro; Aguilera Navarrete, Natividad - Volkswirtschaftliche Fakultät, … - 2014
The utility function with traditional exponential discount cannot explain individuals´ problems of inter-temporal inconsistence and self-control. Several economists have explained these problems with what is known as “present-bias”. The present-bias means that a good becomes more tempting...
Persistent link: https://www.econbiz.de/10011113651
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Focusing on the Focusing Illusion...
Beja, Edsel Jr. - Volkswirtschaftliche Fakultät, … - 2013
The paper presents evidence that validate the focusing illusion. Specifically, the forecasted impact of a basketball championship on students’ subjective well-being was exaggerated because of their intense focus on the event. However, the self-reported states of being for life domains not...
Persistent link: https://www.econbiz.de/10011258044
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Shrinking Goods and Sticky Prices: Theory and Evidence
Snir, Avichai; Levy, Daniel - Volkswirtschaftliche Fakultät, … - 2011
If producers have more information than consumers about goods’ attributes, then they may use non-price (rather than price) adjustment mechanisms and, consequently, the market may reach a new equilibrium even if prices remain sticky. We study a situation where producers adjust the quantity (per...
Persistent link: https://www.econbiz.de/10008871165
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Rational indecisive choice
Gerasimou, Georgios - Volkswirtschaftliche Fakultät, … - 2010
This paper proposes and characterises two preference-based choice rules that allow the decision maker to choose nothing if the criteria associated with them are satisfied by no feasible alternative. Strict preferences are primitive in the first rule and weak preferences in the second. Each of...
Persistent link: https://www.econbiz.de/10008678268
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Asymmetric Dominance, Deferral and Status Quo Bias in a Theory of Choice with Incomplete Preferences
Gerasimou, Georgios - Volkswirtschaftliche Fakultät, … - 2012
This paper proposes a model of individual choice that does not assume completeness of the decision maker's preferences. The model helps explain in a natural way, and within a unied framework of choice in the presence of preference-incomparable options, three distinct behavioural phenomena: the...
Persistent link: https://www.econbiz.de/10011107581
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Le Preferenze Condizionate: Una Introduzione
Strati, Francesco - Volkswirtschaftliche Fakultät, … - 2013
This paper concerns a non-rigorous introduction to the theory of the "conditioning cognitive-behavioural" (or C-C-C). Rather it will be introduced a consumer approach which well explains the non-rational buy-actions with respect to several goods. In few words it will be considered a new...
Persistent link: https://www.econbiz.de/10011111667
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Diaspora transferts et signal de richesse
Jellal, Mohamed - Volkswirtschaftliche Fakultät, … - 2014
This paper shows that social interactions can induce families of migrants to care about hierarchical social status because it serves as a signal device of non-observable income. Hence , a concern for social status induces theses families to engage in conspicuous consumption in order to signal...
Persistent link: https://www.econbiz.de/10011111929
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Trafficking in drugs and economic theory
Pandey, S.S.D. - Volkswirtschaftliche Fakultät, … - 1991
The focus of this study is on black markets which provide an important segment of the parallel economy. These markets operate in disequilibrium,search and information costs become very important.Trafficking in drugs taken as case, to explore both theoretically and empirically. The problem,...
Persistent link: https://www.econbiz.de/10009422026