A country's production possibility frontier or PPF is defined as the boundary of its economy's production set in the net output space for a given technology and fixed quantities of primary factors of production. In general equilibrium theory, exogenous changes in technology or primary-factor...

We use a power-to-resist game to find out the effects of individuals' judgments about a proposer's selection procedure on the willingness to offer resistance against proposed outcomes. In the experiment, one individual is selected on the grounds of a particular procedure. This individual is...

The literature on enterprises in Sub-Saharan Africa provides evidence that there are significant differences between companies run by members of the majority population and those run by members of minorities. Differences are frequently related to size, age, and certain success indicators....

Only insufficient data are available on the recruitment methods of enterprises in Africa. Our aim is to investigate the recruitment methods of small and medium sized private companies in Tanzania. We test whether the way formal and informal methods are employed is similar or different to the way...

Pay What You Want (PWYW) pricing has received considerable attention recently. Empirical studies show that if PWYW pricing is implemented, in a number of cases consumers do not behave selfishly and that some producers are able to use PWYW for increasing turnover and profits respectively. In this...