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Against the background of diverse food scandals this article investigates the role of trust as a determinant of … consumer behaviour in Germany. As empirical analyses indicate the impact of trust on consumer behaviour in a quotidian and … presumably safe setting is to be neglected. In the environment of a food scandal, however, trust proves to be a crucial element …
Persistent link: https://www.econbiz.de/10004988990
Based on an enhancement of Ajzen's Theory of Planned Behaviour, this article investigates German consumers' trust in … different sources of information. Moreover, it discusses the settings and the extent to which consumers' trust influences … incidence such as bird flu . Results indicate that both the consumers' attitude and their trust in suppliers of information is a …
Persistent link: https://www.econbiz.de/10005060573
-order ambiguity, or uncertainty over probabilities, affects food safety decisions. We conduct a food safety survey wherein subjects …
Persistent link: https://www.econbiz.de/10008802894
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The existing literature on dynamic efficiency is deterministic and ignores uncertainty when deriving dynamic efficiency … measures, even though it is known that uncertainty affects the optimal adjustment path and the optimal use of quasi … optimal investment under uncertainty jointly into consideration. We apply this model to German farm-level panel data to …
Persistent link: https://www.econbiz.de/10010915946
Optimization has been recognized as a powerful tool in teaching and research for a long time. In spite of its well known problem solving capacity, some methodological obstacles have persisted over the years. The main problem is that stochastic variables and their correlations cannot be...
Persistent link: https://www.econbiz.de/10008800954
Investment decisions are, as a rule, characterized by uncertainty, irreversibility and flexibility. Simple net present … model affirm the importance of uncertainty and flexibility for investment decisions. They also show that the actual …
Persistent link: https://www.econbiz.de/10008800961
In this paper we examine whether there is room for improvement in farm program decisions through the integration of formal mathematical optimisation into the planning process. Probing the potential for improvement, we investigate the cases of four Brandenburg cash crop farms over the last six...
Persistent link: https://www.econbiz.de/10008802788
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