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Die Verarbeitung von Gewinn- und Verlusterfahrungen in spezifischen Entscheidungs- und Spielsituationen
Schröder, Andreas - 2008
as well as descriptive decision and game theory have not provided yet a thorough theoretical treatment of these effects …. Therefore, this thesis develops first a theoretical fundament. It is based on the Cumulative Prospect Theory, which is extended … whereas a risk perception according to the Cumulative Prospect Theory has to be rejected. In multi-person-games the additional …
Persistent link: https://www.econbiz.de/10009467104
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Imperfect competition in product markets and labor markets, general equilibrium and unemployment
Schniewind, Achim - 2000
In this thesis it is analyzed if promoting product market competition can help to to fight unemployment in Europe. We have used a general equilibrium model in order to study how reducing mark-ups and increasing productivity in one sector affect aggregate unemployment for an exogenously given...
Persistent link: https://www.econbiz.de/10009476214
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Sind landwirtschaftliche Unternehmer bei Zinssätzen zahlenblind? – Erste empirische Ergebnisse –
Musshoff, Oliver; Hirschauer, Norbert; Wassmuss, Harm - 2009
Landwirte wechseln oft nicht von ihrer Hausbank zu einer anderen Bank, auch wenn diese bessere Konditionen bietet. Diese „Wechselträgheit“ kann zum einen in den Transaktionskosten des Wechsels begründet sein. Zum anderen kann sie aber auch das Ergebnis begrenzt rationalen...
Persistent link: https://www.econbiz.de/10009446408
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Learning by trial and error
Young, H. Peyton - 2008
A person learns by trial and error if he occasionally tries out new strategies, rejecting choices that are “erroneous” in the sense that they do not lead to higher payoffs. In a game, however, strategies can become erroneous due to a change of behavior by someone else. Such passive errors...
Persistent link: https://www.econbiz.de/10009441532
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ASYMMETRY IN RAW MILK SAFETY PERCEPTIONS AND INFORMATION: IMPLICATIONS FOR RISK IN FRESH PRODUCE MARKETING AND POLICY
Knutson, Ronald D.; Currier, Russell W.; Ribera, Luis; … - 2010
Scientific evidence clearly indicates that consumption of raw milk carries substantialdisease-inducing health risks. While federal U.S. policy mandates that milk moving in interstatecommerce be pasteurized; within 41 of 50 states, raw milk can be obtained for consumption.Warning labels...
Persistent link: https://www.econbiz.de/10009442762
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Die Verifizierung von Nachhaltigkeitsberichten zur Reduzierung von Informationsasymmetrien
Großmann, Sandra - 2010
Die Dissertation basiert insgesamt methodisch auf einer quantitativen, explorativ-deskriptiven Untersuchung, deren Aufbau vier Phasen (Schwerpunkte) umfasst:Der erste theoretische Teil (Kapitel 2 bis Kapitel 4) gibt einen Überblick über das ökonomische Konzept des Marktes und seines...
Persistent link: https://www.econbiz.de/10009447149
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Behavioral Economics and the Economics of Regulation
Earl, Peter E. - 2005
there is scope for integrating them with policies aimed at the promotion of self-funded retirement and environmental …
Persistent link: https://www.econbiz.de/10009447867
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Bounded rationality and decomposability: The basis for integrating cognitive and evolutionary economics
Earl, Peter E.; Potts, Jason - 2004
This paper explores the interconnections between two of Herbert Simon's key concepts, bounded rationality and decomposability, and show how this unity provides the starting point for merging cognitively focused approaches to behavioral economics with evolutionary/institutional economics into a...
Persistent link: https://www.econbiz.de/10009447955
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Is there a role for transaction cost economics if we view firms as complex adaptive systems?
Foster, J. - 2000
This article assesses the usefulness of transaction cost economics when we view economic organizations, such as firms as complex adaptive systems. Modern complexity science is a radically different in orientation to neoclassical economics, which deals with decision making in contexts that are...
Persistent link: https://www.econbiz.de/10009448627