This paper contributes to the continuing debate over the multifaceted concept of trust, and its ability to provide a richer explanation of processes of economic activity. Using case studies of agricultural production, marketing and financing systems in Brong Ahafo Region of Ghana, the analysis...

This book is the result of several years of research activity on the topic of how to better link farmers, processors and retailers with each other in order to ensure and improve the supply of food products which meet consumer needs and wants. The book is structured in three parts. Starting with...

The integration into global and local agri-food value chains requires farmers, food processors and grocery retailers to develop and maintain close and sustainable business relationships with buyers and suppliers. This title provides an overview of the relationship economics and management.

Die EU wendet für den Import marokkanischer Tomaten ein komplexes System von Präferenzregelungen an. Die Einfuhrmenge ist zugleich durch Einfuhrpreis- und Zollkontingente begrenzt. Dieser Beitrag zeigt empirisch die Existenz einer Rente im Rahmen der Präferenzregelung in einer Höhe von...

We analyze the investment behavior of private clients concerning structured products. To ascertain their stated and revealed preferences, we use a questionnaire and a field experiment, respectively. The real product issued in the field experiment is comparable to one product in the questionnaire...

This study investigates loss aversion when the reference point is state-dependent.Using a state-dependent structure, prospects are more attractive if they depend positively on the reference point and are less attractive in case of negative dependence. In addition, the structure is neutral in the...

The British Industrial Revolution triggered a reversal in the social order wherebythe landed elite was replaced by industrial capitalists rising from the middle classes as the economically dominant group. Many observers have linked this transformation to the contrast in values between a...

Wir analysieren die Determinanten der Zuschauernachfrage in der Fußballbundesliga in den Saisonen 2001/02 bis 2004/05, d.h. für insgesamt 1224 Spiele. Dafür spezifizieren wir ein ökonometrisches Modell, das die begrenzte Kapazität der Stadien und Heteroskedastizität berücksichtigt. Es...

Schumpeter’s and Hayek’s view of market coordination as being not aboutefficiency, but about endogenous change and never-ending discovery has beenincreasingly recognized even by the mainstream of economics. Underlying this view isthe notion of creative learning agents who bring about...

When group decisions involve the allocation of resources to group members, the members might have an incentive to strategically distort any information they provide to increase their share of resources.(...)