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, whereas the costs of searching seem small in comparison. The choice of a ‘search strategy’ and the actual simulation …
Persistent link: https://www.econbiz.de/10009441474
This paper identifies major future trends and driving factors and perspectives and challenges resultingfrom them for European agriculture and food sectors until the year 2020. The focus of the paper is ananalysis of key driving forces and the provision of a well developed reference scenario...
Persistent link: https://www.econbiz.de/10009443220
In economic forecasting, it is important that the forecasts be based on data that is both reliable and up-to-date. The most reliable data typically come from conducting a census. These censuses produce estimates with a long lag between the reference year and the date of publication. However, we...
Persistent link: https://www.econbiz.de/10009450735
The aim of this study is to explore ways to maximise the economic returns of road infrastructure investment. In order to achieve this objective, the study was divided into five parts involving the following: analysing the nature of road infrastructure, determining the relationship between road...
Persistent link: https://www.econbiz.de/10009457691
This paper identifies major future trends and driving factors and perspectives and challenges resulting from them for European agriculture and food sectors until the year 2020. The focus of the paper is an analysis of key driving forces and the provision of a well developed reference scenario...
Persistent link: https://www.econbiz.de/10009443689
Der vorliegende Beitrag diskutiert die optimale Organisation der Wasserversorgung unter Berücksichtigung der grundlegenden Gutscharakteristika und der spezifischen Produktions-struktur. Nach einer formalen Beschreibung der einzelnen Produktionsstufen und der realen Organisation des...
Persistent link: https://www.econbiz.de/10009444383
In a four-treatment experiment, we test some of the hypotheses inGarcia-Gallego et al.(2004) concerning competition among a number offirms of which some (or all) are indexed by a price-comparison enginefacilitating buyers' search process. In this paper, we isolateindividual behavior from noise...
Persistent link: https://www.econbiz.de/10009435086
Keizer, Lindenberg and Steg (2008) conduct six interesting field experiments and report that their results provide evidence of the broken windows theory. Such an analysis is highly relevant as the (broken windows) theory is both controversial and lacking empirical support. Keizer et al.’s key...
Persistent link: https://www.econbiz.de/10009438090
Theory predicts that efficiency prevails on credence goods markets if customers are able to verify which quality they receive from an expert seller. In a series of experiments with endogenous prices we observe that verifiability fails to result in efficient provision behaviour and leads to very...
Persistent link: https://www.econbiz.de/10009438172
Research in economics and psychology has established that informal non-monetary sanctions, particularly expressions of negative emotion or disapproval, can enforce fair economic exchange. However, scholars are only beginning to understand the reasons non-monetary sanctions affect economic...
Persistent link: https://www.econbiz.de/10009441172