Rice is an important cereal to Ghana’s economy and agriculture. While there is huge potential for lowland rice cultivation in northern Ghana, erratic rainfall and low and degrading soil fertility remain the key constraints of production. The present study analyzes the adoption decision and the...

The assumption of perfectly rational representative agents is commonly questioned. This paper explores the equilibrium properties of boundedly rational heterogeneous agents. We combine an adaptive learning process in a modified cobweb model within a Stackleberg framework. We assume that there is...

Consumer behaviour in risky markets is a research field which was investigated and which is still investigated from different perspectives. Agent-based modelling is a relatively new research method which offers rich possibilities for consumer research. In this thesis a multi agent simulation was...

Our motivation is lying on the questions "How does a food scare and information of a food scare influence the buying decision of one single agent and the changes in the aggregate demand?" and "How can we evaluate effective risk communication strategies?". Since we investigate a society of...

Die Evaluierung der Investitionen in Ausbildung undihrer Wirkungen auf den Arbeitsmarkt ist in modernen Gesellschaften von zentralemInteresse. Gewöhnlich ist die Meinung gegenüber der ökonomischen und gesellschaftlichenRendite der Ausbildung positiv: ein Mehr an Ausbildung zieht eine...

In this paper, we study the dynamics of the market for DatabaseManagement Systems (DBMS), which is commonly assumed to possess networkeffects and where there is still some viable competition in our studyperiod, 2000 – 2004. Specifically, we make use of a unique anddetailed dataset on several...

Online applications and services automate communications andtransactions between rms and consumers, promising large efficiencygains. However, consumers have been slow to use these onlinetechnologies intensively, despite widespread adoption of the internet.Customers frequently undergo a staggered...

New network technologies constantly seek to displace incumbents. Their success depends on technological superiority, the size of the incumbent’s installed base, users’ adoption behaviors, and various other factors. The goal of this paper is to develop an understanding of competition between...

People value their privacy; however, they typically do not make the protection of their privacy a priority. Privacy is oftentimes not tangible, complicating the efforts of technology users to express and act according to their privacy needs. Additionally, people may not be fully aware of the...