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alternatives. Second, contemplation costs may be increasing in the size of the choice set, making smaller sets more desirable even …This paper investigates choice between opportunity sets. I argue that individuals may prefer to have fewer options for … two reasons: First, smaller choice sets may provide information and reduce the need for the agent to contemplate the …
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party of his/her choice. Multiple full-edged governments would coexist in the same national territory at the same time, each … one sovereign only over the people who chose to vote for it - hence the name: Choice Democracy. Choice Democracy can be … cooperation and competition. We also provide evidence indicating that Choice Democracy would be viable in the real world. …
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Using multinomial logit we analyze factors that influence the choice of mechanization technologies in Nyanza Province … the choice of mechanization technology. This study recommends increased formal and informal training, extension, credit …
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and Facts; The basic model: the consumption/saving choice; Allowing for a labor/leisure choice (the RBC model); Allowing …
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after making a choice of which autcion to enter. In this paper we examine whether or not subjects knowing their value prior … to making an auction choice impacts their choice decision and/or the outcome of the auctions. The results show a strong …Most prior theoretical and experimental work involving auction choice has assumed bidders only find out their value …
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