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Market orientation has been cited as a source of competitive advantage that allows the firm to construct offerings superior to those of competitors by the effective collection and dissemination of and reaction to market intelligence. Previous work on market orientation has focused on the effort...
Persistent link: https://www.econbiz.de/10009441806
In a survey of UK consumers, we elicited their willingness-to-accept (WTA) a discount for GM foods and willingness-to-pay (WTP) a premium for non-GM foods in order to assess their valuation of the non-GM characteristic in food products. Mean WTA exceeds mean WTP, a finding that suggests the...
Persistent link: https://www.econbiz.de/10009443519
Persistent link: https://www.econbiz.de/10009447373
American subjects first and then replicating the same experiment with subjects in mainland China. In terms of research …
Persistent link: https://www.econbiz.de/10009465180
Playing poker has many aspects in common with the making of business decisions. Agents act in a strategically rich, dynamic environment, where they are repeatedly facing competition under uncertain prospects. Their main goal is to maximize their resources. However simple this goal is put down,...
Persistent link: https://www.econbiz.de/10009467402
This dissertation studies two interesting business cycle issues. Thefirst issue concerns the effectiveness of tax policies in stimulatingan economic recovery. The second issue concerns the costs ofbusiness cycle fluctuations to an investor who chooses to invest inrisky assets. The first essay...
Persistent link: https://www.econbiz.de/10009468608
We study equilibrium trading strategies, market liquidity, and price efficiency in an economy in which a fraction of better-informed speculators displays preferences consistent with Kahneman and Tversky’s (1979) Prospect Theory, i.e., loss aversion, risk seeking over losses, and nonlinear and...
Persistent link: https://www.econbiz.de/10009476764
This dissertation studies two interesting business cycle issues. The first issue concerns the effectiveness of tax policies in stimulating an economic recovery. The second issue concerns the costs of business cycle fluctuations to an investor who chooses to invest in risky assets. The first...
Persistent link: https://www.econbiz.de/10009451066
The consumption capital asset pricing model is the standard economic model used to capture stock market behavior. However, empirical tests have pointed out to its inability to account quantitatively for the high average rate of return and volatility of stocks over time for plausible parameter...
Persistent link: https://www.econbiz.de/10009430235
Economics
Persistent link: https://www.econbiz.de/10009431925