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<p>Sociocultural and economic limitations often deprive individuals of the freedoms to make decisions regarding their lives, hindering development. This article presents the Framework for Enabling Empowerment (FrEE), a model that emphasizes the importance of psychosocial factors and the individual...</p>
Persistent link: https://www.econbiz.de/10009645170
Film studios occasionally withhold movies from critics before their release. Because the unreviewed movies tend to be below average in quality, this practice provides a useful setting in which to test models of limited strategic thinking: Do moviegoers seem to realize that no review is a sign of...
Persistent link: https://www.econbiz.de/10010990545
Promotions affect sales after the immediate sales bump. In other words, they have dynamic effects on consumer purchase behavior outside the period of the promotional offer. The objective of this monograph is to present a comprehensive overview of the various dynamic effects of promotions. We...
Persistent link: https://www.econbiz.de/10010990858
Bartolucci et al. (Test, <CitationRef CitationID="CR1">2014</CitationRef>) provide a nice showcase of the flexibility of latent Markov models for longitudinal data. Indeed, their list of applications is impressive and includes a wide variety of models, with covariates to model transitions between latent states and direct effects on the...</citationref>
Persistent link: https://www.econbiz.de/10010994306
The extreme poor in Bangladesh suffer from a particularly severe form of multidimensional poverty. Despite opportunities for investment made available by approaches such as microfinance, which could ensure future subsistence and graduation from poverty, the extreme poor continue to under-invest...
Persistent link: https://www.econbiz.de/10010999453
The paper presents a critique of standard investment analysis, fundamental and technical, and develops an alternative more comprehensive approach that should include some of the tenets of behavioral finance. In the pursuit of understanding the behavior of the market player, the basic argument...
Persistent link: https://www.econbiz.de/10010857193
This paper discusses the ways by which a certain type of behavioral deviation from expected utility theory has been handled by psychologists and economists. With respect to the historical background of decision theory in economics, it is argued that there are good reasons for more theoretical...
Persistent link: https://www.econbiz.de/10010860430
Economic research shows that candidates have a higher chance of getting (re-)elected when they have the luck that the world economy does well even though this is beyond their control and unrelated to their competence. Psychological research demonstrates that candidates increase their chances if...
Persistent link: https://www.econbiz.de/10010877923
This paper builds on recent research that shows that product experience is based on the interaction of a range of sensory cues whose effect is non-conscious (e.g., visual cues affect taste perception) to revisit the classic issue of product taste testing. We propose that as consumers are unaware...
Persistent link: https://www.econbiz.de/10010883413
(rather than a reactive agent). Third, it discusses an action regulation theory to better understand the psychology of …
Persistent link: https://www.econbiz.de/10010883422