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A Generalization of Sen’s Unification Theorem: Avoiding the Necessity of Pairs and Triplets

He, Junnan - Volkswirtschaftliche Fakultät, … - 2011

This paper is concerned with the axiomatic foundation of the revealed preference theory. Many well-known results in …

Persistent link: https://www.econbiz.de/10009652930

On Non-binary Personal Preferences in Society, Economic Theory and Racial Discrimination

Naqvi, Nadeem - Volkswirtschaftliche Fakultät, … - 2010

This paper examines some of the consequences for economic theory of the replacement of binary personal preferences by non-binary personal preferences in an Arrow-Debreu society as in Debreu (1959), and reaches the conclusion that there is both much damage to existing theory and greater...

Persistent link: https://www.econbiz.de/10008529321

Decision Making Using Rating Systems: When Scale Meets Binary

Bargagliotti, Anna E.; Li, Lingfang - Volkswirtschaftliche Fakultät, … - 2009

Rating systems measuring quality of products and services (i.e., the state of the world) are widely used to solve the asymmetric information problem in markets. Decision makers typically make binary decisions such as buy/hold/sell based on aggregated individuals' opinions presented in the form...

Persistent link: https://www.econbiz.de/10005108458

Who wants price stability?

Beja, Edsel Jr. - Volkswirtschaftliche Fakultät, … - 2012

The paper uses the "subjective well-being as input" framework to examine how life satisfaction and other life circumstances might affect the consideration of price stability. Results show that people who experience negative or adverse situations are more likely to attend to negative matters like...

Persistent link: https://www.econbiz.de/10011109824

Exploration for human capital: Theory and evidence from the MBA labor market

Kuhnen, Camelia M.; Oyer, Paul - Volkswirtschaftliche Fakultät, … - 2012

Drawing on insights from corporate finance and personnel economics, we show that firms consider potential employees using a real options approach, much as they do when making other types of capital investment decisions. Theoretically we find that firms’ hiring decisions are influenced by the...

Persistent link: https://www.econbiz.de/10011258449

Stability analysis of Uzawa-Lucas endogenous growth model

Barnett, William A.; Ghosh, Taniya - Volkswirtschaftliche Fakultät, … - 2013

This paper analyzes, within its feasible parameter space, the dynamics of the Uzawa-Lucas endogenous growth model. The … bifurcation is confirmed as well. We find evidence that the model could produce chaotic dynamics, but our analysis cannot confirm … solution domains. Bifurcation boundaries can separate one kind of unstable dynamics domain from another kind of unstable …

Persistent link: https://www.econbiz.de/10011260401

The Internal Politics of Journal Editing

Barnett, William A. - Volkswirtschaftliche Fakultät, … - 2009

Cambridge University Press journal, Macroeconomic Dynamics. I have decided to focus the essay on my experiences in starting up …

Persistent link: https://www.econbiz.de/10005014952

Czech wine production and its competitiveness

Zufan, Pavel; Chladkova, Helena - Volkswirtschaftliche Fakultät, … - 2008

Paper focuses on evaluation of competitiveness of Czech wine production in relation to the development concept formulated within solution of a grant provided by the Czech Ministry of Agriculture (No. NAZV QF 3276). For evaluation of competitiveness, the concept of “New 7 S” is selected,...

Persistent link: https://www.econbiz.de/10009323490

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

股票政策宣告對農產品價格與股票價格的動態影響

Wang, Vey; Lai, Chung-Hui; Hu, Shih-Wen; Cheng, Chia-Hui - Volkswirtschaftliche Fakultät, … - 2007

expectation, the effect of stock market policies, such as financing interest rate, financing ratio, on dynamics of commodity and …

Persistent link: https://www.econbiz.de/10009644154