This study estimates the willingness-to-pay (WTP) for packaging with less material by using contingent valuation. We found that people who care about the environmental friendliness of a product, who have a positive perception of less packaging, and who live in a municipality implementing...

We examine the links between end-user order flows as seen by a major European commercial bank and macroeconomic fundamentals. We show that both exchange rate changes and flows are only weakly related to macroeconomic news announcements and hypothesise that gthe cat is already out of the bagh by...

This study finds that the process of evolutionary development of the Kiryu weaving district in Japan from 1895 to 1930 can be divided into the two phases, i.e., Smithian growth based on the inter-firm division of labor using hand looms and Schumpeterian development based on factory system using...

This study investigates potential demand for infrastructure investment for alternative fuel vehicles (AFVs) by using a stated preference survey of 1,531 Japanese citizens. The potential demand is estimated on the basis of how much people are willing to pay for AFVs under different refueling...

Teaching trade patterns and trade gains under the Ricardian trade model is one of the most difficult tasks for teachers of international economics. We propose that the utilization of both the PPF and a labor market graph makes the understanding of Ricardian trade gains much easier.

Taking account of the farsightedness of the countries and adopting the von Neumann-Morgenstern (vNM) stable set as the solution concept, we examine an FTA network formation game. FTA networks are represented by undirected graphs with their vertex sets being identified with the set of the...

Recent studies have shown that economic development based on industrial districts or clusters is common not only in the Western nations but also among many developing countries, as Marshall might have anticipated. Similarly, in the development process of modern Japan, many industrial districts...