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Perpetuation of subsistence farming in Western Balkans: the role of factor market imperfections

Latruffe, Laure; Davidova, Sophia; Desjeux, Yann - 2008

isdeveloped on the basis of a household model where non-separability results from a“wedge” between purchase and sale prices due to …

Persistent link: https://www.econbiz.de/10009443316

A taxonomy of myopic stability concepts for hedonic games

Sung, Shao Chin; Dimitrov, Dinko - 2005

We present a taxonomy of myopic stability concepts for hedonic games in terms of deviations, and discuss the status of the existence problems of stable coalition structures. In particular, we show that contractual strictly core stable coalition structures always exist, and provide sufficient...

Persistent link: https://www.econbiz.de/10009452512

Three Essays on the Demand of Imported and Domestic Meat and Livestock in the United States

Boonsaeng, Tullaya - 2006

focuses on the separability between import and domestic meat demand and the performance of static versus dynamic models of … consumer behavior. A new dynamic system of demand functions is developed and used to test the separability restrictions on U … cattle and the results are similar to prediction from Armington type models even though separability strongly rejected. …

Persistent link: https://www.econbiz.de/10009431270

Other-Regarding Preferences and Consequentialism

Borah, Abhinash - 2010

This dissertation addresses a basic difficulty in accommodating other-regarding preferences within existing models of decision making. Decision makers with such preferences may violate the property of stochastic dominance that is shared by both expected utility and almost any model of...

Persistent link: https://www.econbiz.de/10009439045

Do social preferences matter in competitive markets?

Heidhues, Paul; Riedel, Frank - 2007

Experimental evidence stresses the importance of so-called social preferences for understanding economic behavior. Social preferences are defined over the entire allocation in a given economic environment, and not just over one's own consumption as is traditionally presumed. We study the...

Persistent link: https://www.econbiz.de/10009452535

Information, intelligence and resource advantage: A multi-market multi-theoretic call for research

Adams, Frank G.; Richey Jr., R. Glenn; Harvey, Michael G.; … - 2010

Market orientation has been cited as a source of competitive advantage that allows the firm to construct offerings superior to those of competitors by the effective collection and dissemination of and reaction to market intelligence. Previous work on market orientation has focused on the effort...

Persistent link: https://www.econbiz.de/10009441806

Prospect Theory and Market Liquidity

Pasquariello, Paolo - 2008

aversion, risk seeking over losses, and nonlinear and asymmetric probability weighting (in the spirit of Jullien and Salanié …, 2000). Loss aversion induces those speculators to trade more cautiously, while risk seeking induces them to trade more …

Persistent link: https://www.econbiz.de/10009476764

Two Essays in Business Cycle Theory

Ahmad, Nazneen - 2005

This dissertation studies two interesting business cycle issues. The first issue concerns the effectiveness of tax policies in stimulating an economic recovery. The second issue concerns the costs of business cycle fluctuations to an investor who chooses to invest in risky assets. The first...

Persistent link: https://www.econbiz.de/10009451066

Asset Pricing with Heterogeneous Agents, Incomplete Markets and Trading Constraints

Karagyozova, Tsvetanka - 2007

hold different portfolios. Our model is able to generate a time-varying risk premium of about 5.5% while maintaining a low … risk free rate, thus suggesting a plausible explanation for the equity premium puzzle reported by Mehra and Prescott (1985). …

Persistent link: https://www.econbiz.de/10009430235

Selling and Leasing Software with Network Externality

Zhang, Jennifer; Seidmann, Abraham - University of Toledo; University of Rochester - 2006

Previous studies suggested that a monopoly durable goods seller can useleasing to effectively avoid the time-inconsistent problem raised byCoase Conjecture. This paper extends those previous works by examiningthe monopoly seller's selling and leasing strategy for a special type ofdurable good...

Persistent link: https://www.econbiz.de/10009435103