Landwirte wechseln oft nicht von ihrer Hausbank zu einer anderen Bank, auch wenn diese bessere Konditionen bietet. Diese „Wechselträgheit“ kann zum einen in den Transaktionskosten des Wechsels begründet sein. Zum anderen kann sie aber auch das Ergebnis begrenzt rationalen...

Scientific evidence clearly indicates that consumption of raw milk carries substantialdisease-inducing health risks. While federal U.S. policy mandates that milk moving in interstatecommerce be pasteurized; within 41 of 50 states, raw milk can be obtained for consumption.Warning labels...

We consider a quantity-setting duopoly market where firms lack perfect knowledge of the market demand function. They use estimated and therefore misspecified demand functions instead and determine their optimal strategies from the corresponding subjective payoff functions. The central issue of...

Past research in the field of information systems has explored factors and conditions that are relevant to decision-making in many contexts. However, very little is known about how executives consider, weigh, and integrate these factors. One current school of thought holds that intuition and...

In this paper, we show that a simple model of smoothly state-dependent pricing generates a distribution of price adjustments similar to that observed in microeconomic data, both for low and high inflation. Our setup is based on one fundamental assumption: price adjustment is more likely when it...

This dissertation develops and tests a conceptual model to examine how organizations respond to social and political events that can significantly affect operations. The model incorporates concepts from resource dependence and institutional theories, which posit that a firm will develop a range...

This dissertation explores the private-public sector partnership between CVS/pharmacy and the federal/state workforce development system in Minnesota. The study describes how CVS creates partnerships with the federal/state system of one-stop career centers and other partners in the workforce...

This dissertation reviews the functioning of the intergovernmental fiscal revenue sharing system in Mexico. The gradual centralization of fiscal authority by the federal government since the 1980s has led to a revenue dependency of sub-national governments on the center that is extreme. State...

This dissertation addresses the problem of informational and legal restrictions on employment screening processes such as educational requirements and standardized testing. For the past two decades, the legal system in the U.S. has struggled with this issue and has labeled certain information or...

Johnson and Ash (1986) proposed a new model for developing compensation systems which is designed to systematically and simultaneously reconcile differences between internal and external pay equity criteria without necessarily including market based gender biases. Central to their model is the...