Showing 1 - 10 of 173
This paper is interested in the consequences of the marketing function evolution on marketer’s profile. In studying representations associated to marketers in a French context, expectations for marketing and personal characteristics of marketers are discussed. Interviews and a content analysis...
Persistent link: https://www.econbiz.de/10010708302
preferences, using data from the five waves of the European Social Survey (2002- 2010). In addition to standard socioeconomic … preferences. Besides, media exposure appears as a key determinant of beliefs: individuals spending more time to get informed on …
Persistent link: https://www.econbiz.de/10010708625
This article studies the formation of preferences regarding redistribution. Its aim is to demonstrate how preferences … section shows, through a microeconomic model, how preferences on redistribution can be understood as the outcome of “normative … with empirical field data demonstrating the link between individuals‟ normative beliefs and their preferences for …
Persistent link: https://www.econbiz.de/10010717668
Many empirical and behavioral studies identify a decreasing slope in the term structure of subjective discount rates. Using an experimental methodology based on “free-time” relative comparisons, this paper aims to identify in individual behaviors whether agents see their psychological value...
Persistent link: https://www.econbiz.de/10011246085
This article provides an overview of the literature on the psychological value of time. It discusses various determinants of the discount rate and the possibility of hyperbolic discounting. The historical approach helps us to trace the origins of the concept of psychological value of time. This...
Persistent link: https://www.econbiz.de/10010742289
Persistent link: https://www.econbiz.de/10010706910
We derive the implications from the absence of arbitrage in dynamic securities markets with bid-ask spreads. The absence of arbitrage is equivalent to the existence of at least an equivalent probability measure that transforms some process between the bid and the ask price processes of traded...
Persistent link: https://www.econbiz.de/10010706980
Persistent link: https://www.econbiz.de/10010707587
Why do investors keep different opinions even though they learn from their own failures and successes? Why do investors keep different opinions even though they observe each other and learn from their relative failures and successes? We analyze beliefs dynamics when beliefs result from a very...
Persistent link: https://www.econbiz.de/10010861623
It is shown that it is possible to construct a disequilibrium microeconomics in which agents react to the evidence of disequilibrium (inventories, nonnormal ratio of capacity utilization, etc.). In a one good model, we describe the set of fixed points In addition to normal equilibrium, two...
Persistent link: https://www.econbiz.de/10011265515