Diffusion patterns of products are known to differ significantly between countries. Studies that mainly focused on consumer contexts in European countries show that culture has a significant effect on innovation diffusion and consumer innovativeness. In the present research we focus on adoption...

Diffusion patterns of products are known to differ significantly between countries. Studies that mainly focused on consumer contexts in European countries show that culture has a significant effect on innovation diffusion and consumer innovativeness. In the present research we focus on adoption...

Experts have been regularly predicting the death of classical music for decades. Yet, CD sales and audience attendance seems to be holding steady. Perhaps the real problem is keeping the music relevant to future audiences.

The results of a survey of first-year economics courses offered at Australian universities are summarized and compared with those obtained for undergraduate economics courses offered in the United States. The main differences are that in Australia lecture classes are much larger and small...

The Medicare program is now an important source of transfers to elderly and disabled beneficiaries, and will continue to grow rapidly in the future. Because the Medicare program is so large in magnitude, it can have significant redistributional effects. In this paper, we measure the flow of...

Behavioral economists have come to recognize that reciprocity, the interaction of trust and trustworthiness, is a distinct and economically relevant component of individual preferences alongside selfishness and altruism. This recognition is principally due to observed decisions in experimental...

We compare the results of a one-period investment game proposed by Berg et al. [1995] in the respective contexts of France and Germany. The investment game is a two-player two-stage game with a unique subgame perfect equilibrium. Before the game starts, each player is endowed with 10 Euros. At...