Given the large number of choices that consumers make each day it seems likely that they will generally adopt decision strategies that minimize cognitive effort, particularly with low price products such as most items found in a supermarket. One such strategy may be to simply choose what has...

The psychology, the marketing consumer behavior and, to a much smaller extent, the economics literature have long reported evidence that decision makers utilize different decision strategies depending upon many factors (person-specific, task-specific, etc.). Such observations have generally...

This study examines the economic, social and environmental effects of alternative agricultural methods, traded through fair trade mechanisms, on producers in northern Thailand. These effects are compared with those of conventional agriculture and mixed agriculture (where alternative agriculture...

Most empirical models of consumer choice assume that the decision-maker assesses all alternatives and information in a perfect information processing sense. The complexity of the choice environment, the ability of the individual to make complex decisions and the effect of choice context on the...

The value that associates private property regimes with better management of arable land played a consistent role in colonial policy and practice in "African" areas of Southern/Rhodesia (Zimbabwe). In the woodlands, however, common property management systems characterized African areas. This...

The concept of knowledge and its related dimensions of information and learning have traditionally received considerable research attention by scholars of organization and strategic management theorists. The increasing role of knowledge as a defining characteristic of the modern knowledge...

Multi-attribute modeling has rapidly progressed from being a novelty to becoming a widely used tool of economic research. When both choice and attribute ratings data are available, a model that makes joint use of both offers informative inference opportunities. In the present study we develop a...