This paper agrees that a suitably generalized Darwinism may help understandsocioeconomic change, but finds the most publicized generalization by Hodgson and Knudsenunsuitable. To do better, it generalizes the extension of Neo-Darwinism into evolutionarydevelopmental biology (“evo-devo”),...

Interdependencies in consumer behavior stem from either status-seeking consumption orcompliance with social norms. This paper analyzes how a consumption act changes froma means to signal the consumer’s status to a means of norm compliance. It is shown thatsuch a transformation can only be...

This paper analyses the interdependency between the market formusic recordings and concert tickets, assuming that there are positiveindirect network eects both from the record market to ticket sales forlive performances and vice versa. Using a model with two interrelatedSalop circles we show...

This paper compares two prominent empirical measures of individualrisk attitudes | the Holt and Laury (2002) lottery-choice task and the multi-itemquestionnaire advocated by Dohmen, Falk, Human, Schupp, Sunde and Wagner(forthcoming) | with respect to (a) their within-subject stability over time...

Our paper explores the role of time preferences on household debt maturity choice. Wefind that in countries where people are more patient in the long term, planning horizons in householddebt portfolios are significantly longer, as the optimal maturity of loans is considerably higher.The...

This paper uses a unique data set of Latin American paintings auctioned by Sotheby's between 1995 and 2002 to investigate several puzzles from the recent auctions literature. Our results suggest that: (1) the reputation of an artist and the provenance of the artwork, omitted variables in most...

The paper advocates for a new measure of the ethnic identity of migrants, models itsdeterminants and explores its explanatory power for various types of their economicperformance...

With globalization, the size of migration and the value of ethnicity is rising. Also Cyprusundergoes a strong process of change while experiencing large inflows of migration. Thepaper investigates the challenges and the potentials of migration from a European Unionperspective...

Veränderte Marktbedingungen stellen hohe Anforderungen an das Marketing von Dienstleistungsunternehmen.Um langfristig am Markt bestehen zu können, ist es für einen Dienstleistungsanbieterentscheidend, das Vertrauen seiner Kunden zu gewinnen. Aufbauend auf theoretischenGrundlagen werden am...

Zur Erstellung maßgeschneiderter Dienstleistungen ist die Mitwirkung des Kunden(Kundenintegration) unerlässlich. Dem Management von Kundenintegration auf Anbieterseitewird jedoch in der Praxis zu wenig Bedeutung beigemessen. Sie hat aberfundmentalen Einfluss auf die Effizienz und Effektivität...