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Long term trends in happiness and income are not related; short term fluctuations in happiness and income are positively associated. Evidence for this is found in time series data for developed countries, transition countries, and less developed countries, whether analyzed separately or pooled....
Persistent link: https://www.econbiz.de/10010330131
We discuss the selection of the socially efficient discount rate for public investment projects that entail costs and benefits in the far distant future. We show that the discount rate should be a decreasing function of time horizon under some specific restrictions on the distribution of...
Persistent link: https://www.econbiz.de/10011608551
the intangible value resources, creation of business valuation, intangible assets valuation methods and models - the … cooperation of scientific research and business. It's important to avoid a repeat of guidelines, methods, models and systems of …
Persistent link: https://www.econbiz.de/10011310279
Virtually all Latin American and Caribbean countries have established specialized organizations to promote their exports. Existing analyses of these organizations are at best partial and fragmentary. This paper aims at overcoming these limitations of the literature by presenting a consistent,...
Persistent link: https://www.econbiz.de/10011314068
some important lessons to gather from the analysis of current models of regulation. One is that there are many imperfect … view of political models of regulation, analysing them for their complexity, and attempt to provide a reasonable …: Environmental Regulation, Environmental Economics, Fuzzy Logics, Models, Pollution Control, Sustainability …
Persistent link: https://www.econbiz.de/10011318821
Environmental resources constitute the 'raw materials' for tourism. This sector represents the driving force behind the economy of small islands. The sustainable use and a rational policy of conservation of these resources are prerequisites to enable their full exploitation. However, island...
Persistent link: https://www.econbiz.de/10011335688
"TIC ? object" and its corresponding models quite completely. Future researchers of regional clusters may pay their … require an adequate answer in conceptual and dictionary models. …
Persistent link: https://www.econbiz.de/10011399944
discrete choice models in the absence of state dependence. This assumption extends Luce's axiom; Independence from Irrelevant …
Persistent link: https://www.econbiz.de/10010330292
In the general linear errors-in-variables model the main results have been derived under the assuption that the measurement errors are uncorrelated. However, as recognized by Bekker, Kapteyn and Wansbeek (BKW) (1997) and Lach (1993) this is often a problematic assumption to maintain in empirical...
Persistent link: https://www.econbiz.de/10010330295
and challenge economic theorists to explain them. Finally, many economic experiments are 'material' models. They are used …
Persistent link: https://www.econbiz.de/10010334065