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This dissertation addresses the question of choosing the best information alternative in engineering decisions. The decision maker maximizes his expected utility under uncertainty where both the action he takes and the state of the environment determines the payoff earned. The decision maker...
Persistent link: https://www.econbiz.de/10009465093
Die Nutzung des Internet zur Vermarktung und zum Vertrieb von touristischen Produkten hat seit den neunziger Jahren ein rasantes Wachstum erfahren und dazu geführt, dass im Bereich des internetbasierten Tourismus eine besonders ausgeprägte Konkurrenzsituation zwischen den Anbietern...
Persistent link: https://www.econbiz.de/10009467439
essay proposes a welfare valuation theory amenable to analyses in this context. The second essay proposes an empirical … strategy to implement the theory in practice, and demonstrates how policies may be misguided if regulators follow conventional … theory of green consumerism, which correctly accounts for asymmetric information and is consistent with empirical evidence …
Persistent link: https://www.econbiz.de/10009462877
theory, development theory and structuralism have all made contributions to understanding the effects of this global …
Persistent link: https://www.econbiz.de/10009431129
In this paper, we develop a decision-theoretic frameworkfor evaluating data mining systems, which employ classification methods, in terms of their utility in decision-making. The decision-theoretic model provides an economic perspective on the value of â extracted knowledge,â in terms of its...
Persistent link: https://www.econbiz.de/10009431139
"The common-property literature has often focused on the question of efficiency. Here we consider distributional issues instead. How should the benefits of the commons (say, a fishery) be distributed? We approach the question from the viewpoint of ownership rather than income redistribution. "A...
Persistent link: https://www.econbiz.de/10009468330
"Institutional approaches to social dilemmas have so far focused on how to create incentive structures that channel individuals' behavior into socially desirable outcomes assuming that everyone is selfish. However, the presumption of universal selfishness is not only empirically invalid but may...
Persistent link: https://www.econbiz.de/10009468335
of the commons.' This dissertation combines the tools of game theory and experimental methods to gain a broader …
Persistent link: https://www.econbiz.de/10009468337
"In this study, individual level behavior is investigated in the context of computer assisted voluntary contribution mechanism public good (VCM) provision experiments and common pool resource (CPR) appropriation experiments. Previous studies of these environments have concentrated on aggregate...
Persistent link: https://www.econbiz.de/10009468340
"In past contributions to CPR theory, the issue of salience/dependence on a resource has been flagged up as a one of a … high. However, cases do exist of CPRs in which this assumption does not hold, and consequently, related theory proves to be … into question the possibility and utility of constructing a coherent CPR meta-theory." …
Persistent link: https://www.econbiz.de/10009468341