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Economists tend to focus on monetary incentives. In the model developed here, both sociological and economic incentives are used to diminish the apparent moral hazard problem existing in commodity grading. Training that promotes graders' response to sociological incentives is shown to increase...
Persistent link: https://www.econbiz.de/10005484237
A method was developed with time series models to test hypotheses about the relationship between market structure and spatial price dynamics. Long-run dynamic multipliers measuring the magnitude of lagged adjustments for spatial milled rice prices were calculated from the time series model and...
Persistent link: https://www.econbiz.de/10005460047
In this study we address the following question: does friendship facilitate the adoption of a risk inherent new product? We did a validation study with a previously recorded friendship network and simulated scenario of a new energy drink. We learn that spill over effect for such a friendship...
Persistent link: https://www.econbiz.de/10010878947
Obesity is still on the rise, leading to high costs for the obese individual itself but also for society. We analyze the influence of peer effects on food choices in lunchrooms with posted nutrition facts. Data were collected in a lunchroom at a large U.S. university. Groups of four patrons each...
Persistent link: https://www.econbiz.de/10010878954
Persistent link: https://www.econbiz.de/10010880853
A central theme of international trade research has been the impact of trade liberalization on productivity. Early literature on this theme points out that trade liberalization brings resource/organizational adjustment across industries and this adjustment enhances productivity. A traditional...
Persistent link: https://www.econbiz.de/10010880859
This study empirically examines the effects of farm organization (separation of ownership and control) on farmer effort and farm success using a structural equation model and data from the 2005-2010 Agriculture Management Resource Survey. Contrary to expectations of existing theory, the results...
Persistent link: https://www.econbiz.de/10010880865
Persistent link: https://www.econbiz.de/10010880897
Integrating the concerns of stakeholders into the decision process can be particularly important when adopting a new technology. Radio Frequency Identification (RFID) offers many potential benefits to the healthcare industry. However, hospital administrators who are examining this technology may...
Persistent link: https://www.econbiz.de/10010880917
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