Showing 1 - 10 of 23
The paper attempts to shed light on the key drivers of consumer tipping behavior and reports the findings from an exploratory study aimed at addressing consumer motivations and their influence on consumers’ willingness to tip. When approaching the research issue, the phenomenon presents an...
Persistent link: https://www.econbiz.de/10009467749
This thesis consists of three chapters on the choice of institutional governance. The first chapter provides empirical evidence on the effect of local norms on the contractual choice, using a comprehensive dataset on US agricultural leasing contracts. We focus on the choice between cash-rent and...
Persistent link: https://www.econbiz.de/10009450671
Devisenmarkt. Das erste Experiment untersucht die Erwartungsbildung. Hierzu werden die Prognosen von Analysten für den EUR … experiment, we deal with the human expectation formation. We compare point forecasts of the EUR/USD exchange rate surveyed from … explanations for the differences in the forecasting performances. In the second experiment, we analyze the expectation formation in …
Persistent link: https://www.econbiz.de/10009433679
In economic situations people form expectations prior to their decisions. These expectations represent a reference point and exert a strong influence on decision making and preferences. This paper surveys the theory of reference-dependent preferences. I will summarize the theoretical framework...
Persistent link: https://www.econbiz.de/10009471596
Investigamos la manera en que los equipos influyen en la extrapolación de rentabilidades, un sesgo en la formación de creencias que es generalizado a nivel individual y crucial para los modelos conductuales de valoración de activos. Utilizando una muestra de gestores de fondos de inversión...
Persistent link: https://www.econbiz.de/10014436941
"Good work" is interpreted from an employer's and a worker's viewpoint. An economic experiment on the existence of … their duration is subject of a second theoretical model. An experiment yields further insights to this topic. …
Persistent link: https://www.econbiz.de/10009434478
Process models are used by information professionals to convey semantics about the business operations in a real world domain intended to be supported by an information system. The understandability of these models is vital to them being used for information systems development. In this paper,...
Persistent link: https://www.econbiz.de/10009438157
A novel procedure is described for accelerating the convergence of Markov chain Monte Carlo computations. The algorithm uses an adaptive bootstrap technique to generate candidate steps in the Markov Chain. It is efficient for symmetric, convex probability distributions, similar to multivariate...
Persistent link: https://www.econbiz.de/10009441534
Overexploitation of coastal aquifers may lead to seawater intrusion, which irreversibly degrades groundwater. The seawater intrusion process may imply that its consequences would not be perceptible until after decades of accumulated overexploitation. In such a dynamic setting, static...
Persistent link: https://www.econbiz.de/10009442659
This paper considers the stability of tacit collusion in price setting duopolies with repeated interaction. The minimum discount factor above which tacit collusion can be sustained in a subgame perfect equilibrium is called the critical discount factor delta*. In addition, delta* is often used...
Persistent link: https://www.econbiz.de/10009471758