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We review the theoretical and empirical literature on commitment devices. A commitment device is any arrangement, entered into by an individual, with the aim of making it easier to fulfill his or her own future plans. We argue that there is growing empirical evidence supporting the proposition...
Persistent link: https://www.econbiz.de/10010282734
In emerging markets for high-value food products in developing countries, processing companies search for efficient ways to source raw material of consistent quality. One widely embraced approach is contract farming. But relatively little is known about the appropriate design of contracts,...
Persistent link: https://www.econbiz.de/10010235147
This paper constitutes a component of a larger research project. The larger project attempts to address two issues in international relations - one substantive and theoretical, the second epistemological and ontological. The first issue, which will be the focus of this paper, considers the...
Persistent link: https://www.econbiz.de/10011579263
Township Village Enterprises (TVEs) have essentially contributed to China's economic development and institutional transformation over the last twenty years. One of the explanations for the mechanism of TVEs' growth is the co-operative culture theory which claims that Chinese - compared with...
Persistent link: https://www.econbiz.de/10011578429
We study the joint role of altruism and impatience, and the impact of evolution in the formation of long-term time preferences and in the determination of optimal consumption and optimal bequests. We show how the consumption paths of dynasties relate to altruism and to impatience, and we reason...
Persistent link: https://www.econbiz.de/10011578809
In this study we use a comprehensive household income and expenditure survey with a sample of 245 respondents representing urban and rural households in the Renk County of South Sudan to assess the prevalence of poverty and inequality in the study area. We used the cost of basic needs; to...
Persistent link: https://www.econbiz.de/10010878766
This paper is concerned with the role of network administrative organizations (NAOs) in the development of social capital in inter-organizational networks aiming at supporting their members to innovate in the food sector through interacting with one another. A multi-case study approach is used...
Persistent link: https://www.econbiz.de/10010878851
Market orientation (MO) – which is the propensity of a firm to collect and utilise information from the market – is an important leverage of competitive advantage. This paper helps to better understand why some owner-managers engage with market intelligence why others simply do not. The...
Persistent link: https://www.econbiz.de/10010878852